Why we need innovative funding models for global health Traditional, reactive funding mechanisms are insufficient for today's complex health landscape and innovative funding mechanisms are needed The World Economic Forum’s first Annual Health Roundtable, taking place on 20–21 May in Geneva, will bring together global stakeholders to drive systemic change for a healthier future
These companies committed to funding the social innovation gap | World . . . Over a dozen companies have already signed up and are asking others to join to close the estimated $1 1 trillion funding need for social enterprises The pledge coincides with a landmark report from the Global Alliance for Social Entrepreneurship, Deloitte and the Schwab Foundation, which outlines best practices, business benefits and ways to
How multi-stakeholder partnerships drive sustainable development . . . The variety of resources contributed by a variety of stakeholders - funding, technology, expertise, data or insights – combined can lead to even greater impact on an issue And lastly, an increased sense of legitimacy, trust and accountability can arise when you have multiple stakeholders involved, thus inspiring even more contributors and
Unlock global fintech potential by bridging VC funding gap Fintech funding in the US and Canada has the highest concentration of local investors above 85% as of 2023, followed by Europe with 53 2% of local investors Across Asia Pacific (APAC), LAC, MENA and SSA, the investment landscape looks dramatically different, with an average of 36% of investments made by local investors and 64% made by foreign
4 key takeaways from COP29, from climate finance to carbon markets Climate finance and carbon markets took centre stage at the 2024 UN Climate Conference (COP29), which strongly focused on increasing funding and creating effective carbon market mechanisms COP29 was also the first ever “Finance COP,” agreeing to mobilize $300 billion of climate finance, falling short of the trillion-dollar figure demanded
How to share funding for tech upskilling and reskilling The initiative operates in 11 countries and adopts a collaborative funding model of co-investment from AWS, employers and governments AWS provides – at no cost to the learners – access to learning materials, cloud credits for applied learning activities using AWS technical resources and support for educator enablement
Gender gap: Womens health is often seen as a niche issue In its first year, the alliance developed and implemented several high-impact projects and secured $55 million in new funding to improve data, research and care delivery for women’s health The alliance also launched the Community of Champions on the sidelines of the UN General Assembly 2024, enlisting 15 influential advocates to elevate
Investing in climate resilience for Africa and for the world In Africa, climate investment flows must quadruple annually between now and 2030 if the continent is to generate enough funding to meets its Nationally Determined Contributions under the Paris Agreement, according to the Climate Policy Initiative While annual climate finance to Africa increased by 48% between 2019 and 2022, passing $50 billion
Redefining Value: From Outcome-Based Funding to Tradeable Impact Traditional funding models are falling short in addressing today’s social and environmental challenges This new white paper by the Schwab Foundation, in collaboration with SK Group and Rockefeller Philanthropy Advisors, introduces a bold alternative: tradeable impact