Project details
Almost a billion children live in countries where the SDGs remain out of reach. They lack access to healthy food and nutrition, proper healthcare, high-quality primary eduction, safe drinking water and sanitation services, as well as protection from violence & harmful practices. Many organizations already work to advance children rights worldwide. However, they face a range of challenges calling for a targeted financing approach. In this scope, UNICEF mandated KOIS to explore innovative mechanisms that could attract capital from diverse sources. The aim of the deployed capital would be to support innovative social enterprises.The children rights issue calls for a targeted financing approach
Around the world, governments, non-governmental organizations and United Nations agencies such as UNICEF are working to advance children rights. And an emerging group of social enterprises is joining them.
These companies are developing low-cost schools, producing highly nutritious meals and implementing solutions to provide clean water, among other services.
However, the majority of these faces a range of challenges. These include as competing incentives (i.e. achieving both social impact and healthy financial returns); additional costs related to demonstrating social impact; small scale operations; etc.
These challenges call for a targeted financing approach.
%
of child-relevant indicators in each country has either insufficient data or is showing insufficient progress to meet global SDG targets by 2030
accelerating children rights’ advancement
UNICEF works in over 190 countries and territories to save children’s lives, defend their rights, and help them fulfil their potential. The organization is interested in leveraging its knowledge base, global presence, network and brand. Additionnally, they want to learn from, promote and scale innovative social enterprise models that benefit children and their families. In parallel, they wish to identify new ways through which traditional donor financing can catalyse impact investment from the private sector and achieve greater impact.
UNICEF mandated KOIS to explore innovative and result-oriented financial mechanisms and structures. KOIS completed a study highlighting mechanisms with the potential to attract capital from diverse sources and support innovative social enterprises. Our research identified five key financing structures with variables including funding source, instruments and UNICEF’s potential role.
UNICEF is now analysing this research to see which structures they could implement.
Discover our other projects
BeCode: Training vulnerable job seekers to the digital jobs of tomorrow
BeCode aims to tackle the digital skill gap and unemployment issue all at once. By offering intensive digital training to vulnerable populations, this Belgian NGO already managed to put 65% of its trainees back to work.
From 2020 to 2025, BeCode will receive financing through a Social Impact Bond structured by KOIS. Actiris, the Brussels Employment Agency, will act as the outcome funder. The funding will support the training an additional 450 beneficiaries, with a focus on non-EU immigrants and women.
GIST Impact: measuring what matters, to make sustainability accessible to all
GIST Impact is a technology enabled impact measurement company. Their mission is to become the world’s leading Analytics, Solutions and Insights firm. This way, they want to help their clients discover, measure, value and manage their externalities’ impact, and thus make more sustainable decisions.
miDiagnostics: creating the future of diagnostic care
Today, ensuring a fast diagnosis of the high number of patients to avoid transmission is critical. Unfortunately, diagnoses are highly time-consuming and hard to get for people in more remote areas. In fact, most accurate diagnostics require drawing blood, sample preparation & lab work. This can result in a long time between testing & treatment. It also means patients cannot be followed-up at home and that carrying out fast & accurate testing in the field is very difficult.
