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By Carina Weyer
In 1993, the United Nations General Assembly designated March 22 as World Water Day. Now, more than twenty years later, World Water Day continues to be recognized as part of the effort to focus attention on the importance of clean water, improved sanitation, and the sustainable management of freshwater resources.
By: Joanne Lu
For Global Partnerships (GP), impact at the household drives every investment. And often, that means investing in women.
GP was founded in 1994 as a grant-making nonprofit by Bill and Paula Clapp, whose vision also included the founding of Global Washington. GPs’ mission then – as it is today – is to expand opportunity for people living in poverty. Twelve years later the organization pivoted to being an impact-led investor to reach more people living in poverty.
Impact investments are made with the intention to generate positive social and environmental impact as well as a financial return. But GP isn’t just an impact investor. GPs’ Chief Impact & Research Officer, Peter Bladin, points out that the organization is an “impact-led investor.” Meaning their investments in social enterprise partners are first and foremost focused on making a sustainable positive impact in the lives of people living under $3.20 a day in sub-Saharan Africa or $5.50 a day in Latin America and the Caribbean (The World Bank’s regional poverty lines).
Today, international development and anti-poverty organization Oxfam America announced that Fatema Z. Sumar is joining Oxfam’s Senior Leadership Team as Vice President of Global Programs.
Ms. Sumar joins Oxfam America following a distinguished career in the U.S. government where she led U.S. efforts to advance sustainable development and economic policy in emerging markets and fragile countries. Most recently, Ms. Sumar served as Regional Deputy Vice President for Europe, Asia, Pacific, and Latin America at the U.S. Millennium Challenge Corporation (MCC), where she managed investments focused on international growth and poverty reduction. Prior to MCC, she served as the Deputy Assistant Secretary for South and Central Asia at the U.S. Department of State and as a Senior Professional Staff Member on the U.S. Senate Foreign Relations Committee under Chairman John Kerry.