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Role of the Poor

Millenium Development Goals





Business Innovation to Fight Climate Change and Poverty

11am – 3pm EST Wednesday, December 2 2009, London, Royal Society Street: 6-9 Carlton House Terrace

On the eve of the UN climate change conference in Copenhagen, this major event in London focused on business innovations for the global South that help mitigate climate change and its impact on the poor. What types of innovative models are emerging? How can these be brought to scale? What is the role of governments and donors to encourage innovation?

The event showcased leading climate-change impacting organizations that work in the global South such as Toyola (a manufacturer of carbon-efficient cookstoves in urban and rural Ghana) and Selco (a solar panel provider for the rural poor in India). Climate-change innovations by leading businesses were highlighted, such as Allianz whose micro-insurance products in health and life insurance have been proven to provide better post-emergency outcomes for the poor (such as post-tsunami and post-cyclone in India). Leading foundations, such as the Shell Foundation, also shared their climate-change practices in the global South that finance emerging environmentally-friendly businesses ranging from biofuels to carbon-efficient transport.

The event was hosted by the United Nations Development Programme’s (UNDP) Growing Inclusive Markets initiative (GIM), Business Fights Poverty, the Overseas Development Institute, the International Business Leaders Forum (IBLF) and the World Business Council for Sustainable Development.

Speakers include:
Bruce Jenks, Assistant Secretary-General and Director, Partnerships Bureau, UNDP
Adam Leach, CEO, IBLF
Michael Anthony, Senior Microinsurance Manager, Allianz SE
Jeroen Blum, Deputy Director, Shell Foundation
Anand Narayan, Manager, Incubation Labs, Selco Solar Private
Ernest Kwasi Kyei, Co-Founder / Director of Toyola Energy
John Marsh, Prosperity Initiative
Peter Guest, Editor, This is Africa, FT Business

GIM has prepared a policy note: Inclusive Business Models for a Green, Low-Carbon Economy. Please click here to access the document…