In the new global partnership, social impact investors show that there can be a “third way” for sustainable development – a hybrid between a fully for-profit private sector and a pure grant or charity aid programmes. Because they make money, their efforts can be sustainable over time. But because they are new, neither business nor charity, they do not fall neatly into traditional legal frames. Some countries may need to consider how to modify their laws to take better advantage of this sector.

Source: Report of the High-Level Panel on the Post-2015 Development Agenda (May 2013).

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The Fringes

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