IFC’s 4th Annual Inclusive Business Leaders Forum was held in Washington, DC on October 9 and 10, 2013. The forum brought together inclusive business leaders to recognize business models that effectively reach the BOP.
World Bank Group President Jim Yong Kim, Ethiopian Commodity Exchange founder and IFC client Eleni Gabre-Madhin, and Harvard Business School Prof. Michael Porter show how business models can address social issues, creating shared value.
The winners of the Sustainable Finance Awards were announced on June 13 in London at the FT/IFC Sustainable Finance conference. This year, a new category for Achievement in Inclusive Business was jointly awarded to...
Released in October 2012, Being the Change: Inspiring the Next Generation of Inclusive Business Entrepreneurs Impacting the Base of the Pyramid, highlights the personal stories of the leaders of some of IFC’s inclusive business clients.
IFC, alongside a growing number of business and development partners, is driving a new movement in development, which aims to redefine people living at the base of the economic pyramid – as valuable economic partners for business – as both talented and resilient business entrepreneurs, and value conscious consumers. Those living at the base of the pyramid represent $5 trillion worth of purchasing power (read the report The Next 4 Billion - a joint IFC/World Resources Institute publication).
For companies, inclusive business models are opportunities for market growth and competitive advantage. For development agencies, inclusive business represents a powerful approach to achieving their goal of inclusive growth and development. IFC investments are supporting this emerging business at the base of the pyramid. IFC has invested over $7 billion in inclusive business to more than 300 clients in over 80 countries since 2005.
The Inclusive Business Models Group at IFC is at the forefront of identifying inclusive business successes, analyzing models, and providing a platform for private sector actors around the world to collaborate and learn from one another.
For more information on Inclusive Business at IFC, contact:
Eriko Ishikawa at firstname.lastname@example.org