Why should the world's poorest people pay more for food, clean water and other necessities than everyone else? If we want to improve the lives of the world's poorest 4 billion, we need to tackle the base of the pyramid penalty. Business can bring fair prices to the people who need it the most.
As we mark the second International Day of the Girl on October 11, I'm calling for a similar recognition of the power and potential of girls, enlisting them in our mission to bring safe, sustainable sanitation to the billions who live without it.
Since impact investing is searching for the sweet spot between high-net-worth individuals' expectations for responsible investing and effective channels for catalyzing social change, we need to ensure that this financial instrument is not abused
Fall means the beginning of a new school year as children head back into the classroom to learn, grow and make new friends. But that's not always the case in the developing world, where a staggering 130 million children are not in school.
Excessive mortgage debt, student loan debt, medical debt and more have placed untenable burdens upon millions. As we learn from our Torah portion, a cursed society is one in which factions are trapped in merciless power dynamics as debtors.
When it succeeds, microfinance lifts people from extreme poverty and leaves them into poverty. Other interventions are still needed, especially a focus on small and medium enterprises - the backbone for creating a middle class.