The Brief: Inclusive fintech in Africa, vaccine delivery, early-stage climate tech, Muhammad Yunus' carbon market, gender FOMO, climate finance in emerging markets impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.
Also, Antony Bugg-Levine will depart the Nonprofit Finance Fund this summer, and the Camille and Henry Dreyfus Foundation has hired a new executive director.
The Brief: Fintech in Latin America, racial equity in Georgia, impact in listed equities, plastic proliferators, emissions and diversity disclosure impactalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from impactalpha.com Daily Mail and Mail on Sunday newspapers.
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The prospective impact of the Pfizer and Moderna COVID-19 vaccines on public and economic health is virtually incalculable. But the fact that two private pharmaceutical firms are the agents of discovery and production of such a profoundly important public good should not be taken for granted. Two publicly traded companies, putting their own funds at risk, will, we hope, deliver social benefits worth trillions in return for profits in the low billions. This flies in the face of an emergent narrative about traditional, for-profit firms: that absent clearly set out social and environmental goals, corporate behavior will not achieve them.