Date: February 27, 2014
Time: 5:30pm to 7pm
Location: 20 Cavendish Square
How can we mobilise more and better finance to meet global development goals? What contributions are being made by the private sector? How can these be incentivised and made more effective in terms of their impact on poverty and development?
Event co-hosted with Business Fights Poverty as part of the 2014 Series. The panel will include:
- Judith Randel, Co-founder and Director, Development Initiatives
- Chris West, Director, Shell Foundation
- Alistair Fernie, Head of Private Sector, DFID
Chair: Simon Maxwell, Adviser, Business Fights Poverty
Development Initiatives will present data to stimulate discussion on the impact of all financial resources on poverty. Development Initiatives’ new Investments to End Poverty programme sets out the data picture on the volume and distribution of different international resource flows and promotes the idea that all financial resources, official and private, have a role to play in getting poverty to zero in the context of social progress and development. All investments – domestic and international, public, private and commercial – can contribute to ending poverty. Some will deliver immediate returns; other investments will deliver longer term impact. They will each have comparative advantages for different objectives and in different contexts. The challenge is to use those comparative advantages and mix and sequence resources to get maximum value and accelerate progress.
Development Initiatives will show a map of the changing global financial landscape and outline the relationship between the flow of resources to developing countries and where poor people actually live. We will also explore specific private flows such as foreign direct investment loans and how they can work with public finance to become poverty reducing as well as opening up new markets for industry and investment.
The discussion will also look at the data behind Investments to End Poverty to explore what exactly we know (and don’t know) about where investments are going and what they’re used for. This is essential information if the impact of the private sector on poverty and development is to be understood and investments are to release more value.
Registration from 5pm. Event followed by reception. Business Fights Poverty will publish a video of the event.
View our Investments to End Poverty report here
For more information and to register your attendance go to the Business Fights Poverty website here