UNDP Alternative Financing Lab - the next big thing is a lot of small (and smart things)!


Ten months ago we had an eclectic group of people introduce a slew of new financial mechanisms- blockchain based cash transfers and impact bonds for reducing recidivism to forecast based finance for disasters and peer to peer lending for SMEs- emerging into what the ODI calls a new ' age of choice' for the development finance . We tackle this topic not just because there is a $2.5 billion gap in funding the current SDG agenda (even though ODA flows to developing countries continue to increase year on year). We are more tickled by the sheer explosion of money coming from other sources of funding that aren't high on the priority list of either development organizations or governments (admittedly this is fast changing)- the European alternativ...
Continue reading
  145 Hits
  0 Comments

UNDPCrowd – a New Kid on the Block?


She is in her 30-ies, borderless, decentralised and the Master-Mind of "Governance 2.0", the BitNation. Her name is Susanne Tarkowski Tempelhof and she shook the minds of #UNDPCrowd yesterday, as the Sun set down over Bosporus and the room was getting hot, powered by each person emitting 100 Watts worth of heat. 100×70=7kW heat. It is so hot I can't think. What the hack is BitNation? I'll quote them as that is the zest of their existence: „ BitNation does not care where in the world you are from, where you live, or what passport you hold. Everyone has the right to enjoy high-end, competitive governance services." And that is the point behind a gal who left school when she was fifteen and is self-thought since. She did quite well with self-e...
Continue reading
  223 Hits
  0 Comments

Who’d Say That Willy Wonka and Crowdfunding Have Something in Common?


Last week the Crowdfunding Academy team felt like Charlie in Willy Wonka's Chocolate Factory – except there was no chocolate river or a lickable wallpaper. If we don't count that rainbow hallway on the way to a rainbow metro station, it wasn't even psychedelic looking. But taking into consideration that we love good ideas as much as Charlie loves chocolate – you will understand this comparison. As we've mentioned in few of our earlier blogs – Crowdfunding Academy went global. Over the last two months we've been intensively working with UNDP offices around the world on preparation of their crowdfunding campaigns. Keeping in mind that crowdfunding might not be the only alternative financing option suitable for their projects, we've been explo...
Continue reading
  173 Hits
  0 Comments

TOUR AROUND THE WORLD WITH GLOBAL CROWFUNDING ACADEMY (part two)


For those who haven't read the first part here is a little introduction. We are travelling around the world and meeting teams and projects of Global Crowdfunding Academy. All of them wish to make a change in their community. So, at the beginning of December we will gather in Istanbul and start working on realizing those dreams. Last time we visited Macedonia, Columbia, Indonesia, Bangladesh and Tajikistan. Now there are six more countries ahead of us. So let's continue our little adventure!   Today our journey starts is in Zimbabwe . Project name: Young small-holder farmers Insurance and Risk Transfer Facility . Young small holder farmers are increasingly affected by extreme weather events and the adverse effects of climate change. To ...
Continue reading
  161 Hits
  0 Comments

Talking in tongues: From crypto currencies to breaking blockchains


​ From equity-based crowfunding and person-to-person lending, to crypto currencies and mobile money; entirely new players are disrupting the field of financing for development and public policy. So, what does this alternative finance space look like? Who are the new players and what are they up to? Crowd-power According to the World Bank, the crowdfunding market is expected to grow to US $100 billion by 2025. Recent research shows that – despite living in countries where the cost of doing business is quite high – entrepreneurs are successfully raising money by crowdfunding, and bypassing loads of red tape in the process. (Image via Allied Crowds) And it's not just money. New platforms are springing up focusing on everything from expertise a...
Continue reading
  229 Hits
  0 Comments

TOUR AROUND THE WORLD WITH GLOBAL CROWFUNDING ACADEMY (part one)


The first Global Crowdfunding Academy organized for and by the UNDP offices around the world had a really strong competition. After a tough selection process, we have chosen 11 teams with most inspiring projects from community green solutions to peacebuilding and poverty reduction. Interested? Let's go on a little odyssey around the world, meet the teams and see what they want to change in their community with the help of crowdfunding. First station: Republic of Macedonia . Project name: Let's paint Skopje from 50 shades of GREY to 50 shades of GREEN. The main idea of this project is to pick out one prominent building in Skopje, turn it from grey to green and set an example for others to follow. The proposed building is the Skopje City Hosp...
Continue reading
  186 Hits
  0 Comments

CROWDFUNDING ACADEMY: Developing alternative financing culture in Croatia


​ Seems like the last few months have gone away in a blink of an eye – that's how long it passed since a group of seven started to plan the Crowdfunding Academy project at small UNDP office in Croatia. Many e-mails, social media posts, new faces, public presentations, crowdfunding facts and working hours later, we are starting to realize the real size of a rock that we've managed to move by successfully bringing this project to life. Within the Crowdfunding Academy educational programme we gathered experts in business, financing, marketing, social media, journalism, strategy planning and many other fields, along with more or less successful crowdfunding campaigners from Croatia. They've shared their experiences through three modules tacklin...
Continue reading
  164 Hits
  0 Comments