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Financial Inclusion
Financial inclusion is a crucial area of focus. According to the report, social enterprises have facilitated access to nearly $1.6 trillion in funding and investments for underserved communities through methods like impact investing, microfinance, and financial technology.
This democratization of finance promotes sustainable development from the grassroots, allowing local communities to engage more fully in transformations that affect them.
To strengthen the social economy, policy recommendations include developing targeted action plans, offering tax incentives, providing subsidies for essential goods, and incorporating social criteria into procurement and investment practices.
These initiatives are vital for constructing a sustainable future and ensuring that the rewards from green and digital advancements are equitably distributed.
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