In order to achieve the Agenda 2030 and the SDGs, gigantic investment is needed. The Addis Ababa Action Agenda 'Financing for development' clearly states that this requires a holistic approach. Public funds and regulation can unlock the transformative capacities of the private sector and can stimulate change in consumption, production and investment patterns to support sustainable development.
Which are the evolutions in finance? How will we implement the Ababa Action Agenda and thus make it concrete?
Organization: Incofin
Incofin used to focus mainly on microfinance, i.e. giving small loans to people that employ themselves. It became clear that these small loans were not enough. Disadvantaged people need access to a broad range of financial services, including saving and insurance.
Organization: Bertha Centre for Social Innovation and Entrepreneurship
With the support from Flanders, the Bertha Centre is promoting and supporting social entrepreneurship in South-Africa. To achieve this, they are working with Social Impact Bonds (SIB), but what are these SIBs? How does it work and what’s new and innovative about them?
Organization: EU Commission
The EU External Investment Plan (EIP) aims to mobilise and leverage sustainable public and private investments to improve economic and social development. The plan has a particular focus on decent job creation. The EIP aims to stimulate private sector investment worth 44 billion euro. But how will they achieve this multiplicator-effect? And what sort of innovative ways does the EIP entail?
- Co-creation
- Private sector on board
- Innovation as a key to succes
- Innovative finance