What is Giving Compass?
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Giving Compass' Take:
• Komal Sahu, in an article for AVPN, lists four sectors that impact investing should focus on for increased resilience to global threats like COVID-19.
• How can you increase your impact in those areas today? What can you do to ensure greater preparedness in the future?
• Discover opportunities to make an impact right away.
AVPN has identified four high-impact sectors that the public and private sectors can leverage to increase their resilience against future socio-economic shocks.
Public Health: Build a Resilient Infrastructure
The need to invest resources in a resilient public health infrastructure is no longer contested. Important investments that can bridge huge systemic gaps include constructing and building the capacity of hospitals, biotech companies that develop vaccines and testing kits, manufacturing companies that produce medical supplies, affordable and accessible health insurance agencies and awareness-raising for healthcare workers.
Technology: Break Boundaries Across Sectors
Harnessing the power of digital innovations is now more important than ever before. Not only can it reduce the impact of COVID-19 on individuals and businesses, but it can also break boundaries across sectors through increased pathways for monitoring and communication. Numerous healthcare apps have been developed within a very short time, and can support medical institutions through contact tracing, mental health management, and/or community support for the last mile. Find out which innovative healthcare solutions on the ground are saving lives, and how you can scale their impact.
Clean Energy: Grasp the Window of Opportunity
With international travel grounding to a halt and manufacturing production taking a pause, air pollution and global emissions have dropped quite substantially. This presents a unique opportunity for governments and investors to address climate change – but it will require strong leadership to stay the course on this path.
Ecosystem: Build Networks of Trust
Instead of apportioning blame, more collaborative efforts are needed to tackle the crisis. Investments made in knitting together ecosystems and networks can help communities, companies and portfolios weather the inevitable surprises of pandemic, recession or climate change.
Read the full article about COVID-19 and impact investing by Komal Sahu at AVPN.