Impact on poverty
Prosperity Initiative's corporate purpose is to have a large-scale impact on poverty - we do this in a way that delivers the best possible return on the resources allocated to us to do our work.Millions of dollars are spent in poverty reduction development projects every year. As part of our commitment to our partners, our work will be underpinned by building an evidence-based case for poverty impact, and we will account for our resources based on the poverty impact achieved. Prosperity Initiative has a business case approach to achieving impact on poverty. Corporately, our target is USD200 per person out of poverty across the full cost of all operations. Our target in the Mekong is 750,000 people out of poverty by 2020. We already have a proven business case for 250,000 people out of poverty in the industrial bamboo sector in NW Vietnam (now in roll out) and others in the pipeline. |
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