“
“
Financial Product Innovation as the Reaction to
Financial Product Innovation as the Reaction to
Climate Change
Climate Change
”
”
A Moment of Opportunity
2 August 2008
Bank Indonesia Annual International Seminar
Bank Indonesia Annual International Seminar
“Macroeconomic Impact of Climate Change: “Opportunities and Challenges”
Bali. Indonesia
Bali. Indonesia
1
Millennium Development Goals
Millennium Development Goals
#1 Eradicate Extreme Poverty and Hunger
#1 Eradicate Extreme Poverty and Hunger
#7 Ensure Environmental Sustainability
#7 Ensure Environmental Sustainability
#8 Develop a Global Partnership for Development
ECONOMY
ENVIRONMENT
PARTERSHIP MODEL: A Different Vision
Fortune at the Bottom of the Pyramid: A Mirage
Aneel Karnani
“The popular 'bottom of the pyramid' (BOP) proposition argues that large companies can make a fortune by selling to poor people and simultaneously help eradicate poverty. While a few market opportunities do exist, the market at the BOP is generally too small monetarily to be very profitable for most
The New / Old Approach: Co
The New / Old Approach: Co
-
-Creation
Creation
The Base of the Pyramid Protocol: Toward Next
The Base of the Pyramid Protocol: Toward Next
Generation
Generation
BoP
BoP
Strategy 2.0 Edition 2008
Strategy 2.0 Edition 2008
Erik
Base of The Pyramid Protocol
Base of The Pyramid Protocol
Business Partner
Business Partner
Intense Dialogue
Intense Dialogue
Far Ranging & Imaginative
Far Ranging & Imaginative
Two
Two
-
-
way Commitment
way Commitment
Direct Personal
TRIPLE BOTTOM LINE
TRIPLE BOTTOM LINE
Financial Returns
Financial Returns
Social Benefits
Social Benefits
Environmental Benefits
Environmental Benefits
“The only way to help the poor and alleviate poverty is to
raise the
real
income of the poor. There are only two ways
to do this:
1) lower prices of the goods that the poor buy, which will in
effect raise their income, and
2) raise the income that the poor earn.”
Kathleen Robbins
Kathleen Robbins
Director of Clean Energy
Director of Clean Energy
GreenMicrofinance
GreenMicrofinance
krobbins@greenmicrofinance.org
krobbins@greenmicrofinance.org
www.greenmicrofinance.org
www.greenmicrofinance.org
"Social entrepreneurs aren't content to just give people a fish, nor to just teach them to fish. They will not rest until they have revolutionized the fishing industry."
