Promoting socially and environmentally sustainable social enterprise

Our Mission

To achieve inclusive economic growth and elimination of poverty by promoting socially and environmentally sustainable private enterprise and social enterprise
Socially and Environmentally Sustainable Private Enterprise
Wherever poverty has been dramatically reduced the key drivers have been entrepreneurship, technology innovation and investment by the private sector operating in an accommodating and supportive policy environment set by government. However private enterprise has sometimes caused long-term damage to the physical environment and failed to recognise and respect the rights of the communities where they invest. There is now much greater recognition of the need and the requirement to achieve inclusive economic growth  by fostering socially and environmentally sustainable private enterprise. EfD will foster socially and environmentally sustainable private enterprise by identifying, publicising and promoting examples of best practice and by supporting new ventures in our Focus Areas.
Social enterprise
There are numerous examples of successful social enterprise whose governance and leadership originates within local communities. Social enterprises typically are established to deliver social benefits such as better access to affordable low-cost housing or to healthcare on a sustainable bases in circumstances where market and/or government failures deny such access to the community. The success or otherwise of social enterprise models depends crucially on the governance, incentives and means of financing employed. EfD will identify, highlight and promote examples of best practice and support new ventures adopting best practice in our Focus Areas.
Social impact investing
There is considerable current interest in social impact investing as a complement to grant-giving as a means of leveraging limited financial support to deliver social benefits and reduce poverty in low-income countries. EfD will identify, highlight and promote examples of best practice in social impact investing and create an Ideas Exchange with the aim of connecting potential social impact investors with on-the-ground opportunities to deploy social impact finance.