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How Localization Can Help Overcome Extreme Poverty

The World Bank Group’s Mahmoud Mohieldin believes innovative financing and partnerships are needed to meet the UN’s Sustainable Development Goals.

Countries that have invested in human capital, infrastructure and decent systems of social protection have made more progress than others in reducing extreme poverty, according to Mahmoud Mohieldin, the World Bank Group’s senior vice president for the 2030 Development Agenda, United Nations Relations, and Partnerships.

At the same time, entrepreneurs and corporations must accept responsibility for shaping their business environments, notes Djordjija Petkoski, a senior fellow at Wharton’s Zicklin Center for Business Ethics.

In this video, Mohieldin and Petkoski discuss these and other ways to meet the United Nations’ Sustainable Development Goals, or SDGs.

*[This feature was originally published by Knowledge@Wharton, a partner institution of Fair Observer.]

The views expressed in this article are the author’s own and do not necessarily reflect Fair Observer’s editorial policy.

The post How Localization Can Help Overcome Extreme Poverty appeared first on Fair Observer.

This article/report/video/photo-feature/infographic was originally published on Fair Observer.

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