Promote a sustainable economic system where everyone has the opportunity to prosper.
Prosperity
Mission.
Problem introduction.
We’ve built an economic system where money is the commodity for accessing basic services and for participating in social life. For a truly inclusive and sustainable economic system we have two clear challenges.
On the one hand, we need to incorporate people to the economic system by giving them access to education, credit and basic economic activity. On the other hand, we need to redefine the role of investment using all the power of the public and private sector to solve the main social and environmental problems we are facing.
Share of educated population older than 15 years (% of population).
Source: UNESCO & OCDE.
If we see the global picture, great progress has been achieved in terms of education. 80% of population older than 15 years old has received at least some basic formal education at a global level.
Early leaver from education in Europe (% of population).
Source: EUROSTAT.
Despite many of the EU countries have achieved the European target in education, countries like Spain have major problems such drop-out from education and training, with a rate higher than 15%, well above the european average.
Sustainable Development Goals Funding Gap ($ Trillion).
Source: United Nations (UN).
Currently, it is calculated that the financing gap needed in order to leverage the SDG outcomes range from $ 2,5 to $3,6 trillions. Therefore, it is mandatory to imagine new creative ways to distribute capital in line with the 2030 agenda priorities.
Globally unbanked population (Millions adults).
Source: World Bank. Global Findex Database.
1.7 Billion adults lack a bank account in the world in 2017. Nearly half of all unbanked adults live in seven economies: China, India, Indonesia, Mexico, Nigeria, Pakistan and Bangladesh.
Mission description.
This mission seeks to generate a positive impact on a social and economic level by promoting quality education, access to employment and economic independence. The main challenge of this mission is to redefine the economic system and the role of investment considering sustainability in every capital allocation and putting money where it is more needed. A world where money is analysed in terms of return, risk and impact is the final ambition of this mission.
Problems included
in the mission.
Education.
- Increase access to education.
- Improve the quality of education.
- Improve the educational infrastructures.
- Reduce the students drop-out rate.
- Reduce violence and bullying in education.
- Increase awareness and knowledge of sustainable development.
New economy.
- Redefine the economic system to incorporate responsible and impact metrics.
- Promote investment in impact and regenerative companies and solutions.
- Manage climate change risks to promote an inclusive transition.
- Reduce accidents and improve working conditions.
- Increase the number of people with access to credit.
- Improve the financial education of the population.
- Increase youth employment and opportunities.
- Reinforce a local economy based in low-carbon activities.
Disinformation.
- Promote truth and reduce disinformation.
Technology equality.
- Increase universal internet access and promote the use of new technologies.
- Balance technology automation with employment.
SDG alignment.
Quality education.
- 4.1 Ensure quality education.
- 4.2 Quality childhood development.
- 4.3 Quality technical education.
- 4.4 Decent jobs and entrepreneurship.
- 4.5 Equal education access.
- 4.6 Achieve literacy and numeracy.
- 4.7 Sustainable development education.
- 4.a Upgrade education facilities.
- 4.c Increase qualified teachers.
Decent work and economic growth.
- 8.2 Achieve economic productivity.
- 8.3 Promote job creation and innovation.
- 8.4 Improve resource efficiency.
- 8.5 Achieve decent and equal work.
- 8.6 Reduce youth unemployment.
- 8.7 Eradicate forced labor.
- 8.8 Promote safe work.
- 8.9 Promote sustainable tourism.
- 8.10 Expand access to banking.
Industry, innovation and infrastructure.
- 9.3 Increase access to credit.
- 9.c Increase internet and technology access.
Responsable consumption and production.
- 12.6 Encourage sustainability reporting.
- 12.7 Promote sustainable procurement.
Climate action.
- 13.a Mobilize capital for sustainability.
- 13.b Support least developed countries.
Partnerships for the goals.
- 17.3 Mobilize financial resources.
- 17.5 Invest in least developed countries.
- 17.8 Enable technology access.
- 17.18 Improve reliable data.
- 17.19 Promote impact measuremenz.
Potential solutions.
Below you can find some of the innovative impact solutions we are working on.