CSR - Business 4 Development
CARLA International understands the importance the role business has in the fight against poverty and environmental degradation. The majority of the word's poor come into contact with markets and businesses, and stand to benefit from inclusion in small, medium and large private sector ventures as producers, employees and consumers. However, it is the quality of these interactions that affect the livelihoods of the poor. Responsible business approaches create opportunities, helps families to escape poverty and protects the environment.
CARLA International has identified three areas where businesses can make a difference:
• Responsible and accountable business that engages in poverty reduction, positive environmental impact and sustainable development. CARLA International works with companies to increase their understanding of the needs and views of the poor communities they impact.
• Inclusive markets, where companies invest in and source from smallholder farmers and producers. CARLA International works with organisation in engaging with smallholders in delivering appropriate skills training and financial support to secure the viability of their produce in the supply chain.
• Pro-poor business models that involve developing innovative solutions to address the needs and views of the poor. CARLA International works with businesses to investigate and test services demanded by the poor, in order to include them in the value chain as new consumers and develop a market position.
CARLA International understands the underlying causes of poverty are a weave of social, economic and political factors, and has the expertise in addressing these issues and empowering poor people to make their own way out of poverty. We combine our understanding and expertise with the skills and resources of businesses in order to push the boundaries of their traditional business models. Going beyond a corporate social responsibility (CSR) agenda to an inclusive business approach, we aim to work with business to create positive development gains that generate profit, have a lasting impact and allow poor people to play a significant role with markets, helping them to make their own way out of poverty
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International development is now looking to businesses as the engine of international development. Business for development is looking past philanthropy and beyond social responsibility CSR to an inclusive business model approach. The inclusive business contrasts with isolated corporate social responsibility CSR as it is a business strategy for increasing the incomes of the poorest and most marginalised groups and promoting growth by including them in global value chains.
The inclusive business model can be included in businesses corporate social responsibility strategies CSR, however goes deeper that corporate social responsibility by including the poor in the value chains of the organisation. It is about utilising the poor as employees, producers and consumers, there engaging with the poor stimulates growth, income and profit. To this end, CARLA International offers consultative services for organisations with an interest in corporate social responsibility, in order that they can engage with communities that they impact as producers, employees and consumers. As experts in international development, we can provide international development training courses and international development workshops for employees and management, in order to facilitate a greater understanding of the interrelatedness of their business, international development and affected communities.
Development Impact Bonds
Development Impact Bonds (DIB) are outcome-based financial products derived from Social impact bonds. They provide new sources of financing from private investors to improve development outcomes. DIBs shift incentives and accountability to results, and transfer performance risks to the private sector, which increases efficiency of programme implementation.
DIBs could represent an additional mechanism for outcomes-based approaches which donor agencies are exploring as a way to respond to these challenges and act as the medium for future public private partnerships.
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Business 4 Development
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