New Business-Ngo Partnerships Help the World's Poorest

International Trade ForumNum. 2/2007, Janvier 2007

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Résumé


As international businesses explore the developing world to find new consumer markets, firms are realizing that long-term prosperity depends on the development of these markets. As a result, more partnerships are springing up between international companies, NGOs and development agencies. They are finding common interests and learning from each other in the process. For years the work of social entrepreneurs often passed unnoticed in the outside world. Now that is changing. Social entrepreneurs are set to have a profound impact on the world's most complex societal and environmental challenges. Their impact may be limited by their current scale, but could be limitless with the right business partners. Several developments indicate the rise of social entrepreneurship in public awareness. The success of microfinance is high lighting social entrepreneurship as a poverty-reduction tool with global impact. Investors are showing increased interest in companies' "green credentials". Ethical funds and ethical investment are growing.

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Extrait


New Business-Ngo Partnerships Help the World's Poorest

"We believe that the leading global companies of 2020 will be those that pràsride goods and services and reach new customers in ways that address the world's major challenges - including poverty, climate change, resource depletion, globalization and demographic shifts."

This statement does not come from a United Nations (UN) conference or a non-governmental organization (NGO) congress. It comes from companies themselves - among them Adidas, BP and Proc...

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