Can Monthly Cash Payments Make Our Economy More Equitable?

From Sonali Kolhatkar / Yes! Magazine: Guaranteed income programs aim to reduce poverty by providing cash to those in need with no strings attached. One of these programs in New York City, The Bridge Project, focuses on helping women of color who are mothers.

Read the original story here.

Issue Areas:

Alternative Forms of Income, Childcare, Poverty Reduction Measures, Universal Basic Income, Wellbeing Economics

Impact Areas:

Equity, Health and Wellness

Actors:

Nonprofit / NGO, Philanthropy and Social Impact Investors

Communities Served:

BIPOC Communities, Caregivers, Womxn

Strategies:

Changing Narratives, Easing Economic Burdens for Individuals

Success Factors:

Addressing Underlying Issues, Building Distribution Systems, Eliminating Barriers, Empowering People, Expanding Access, Help Rather Than Punishment, Meeting People Where They Are At, Providing Cash Instead Of Goods/Services

Geographic Region:

North America

Countries:

United States

Date:

February 11, 2022

More Resources:

Conversation with Noor Jehan Docrat

Noor Jehan is an Inclusive Innovator and Blue Economy specialist, leading community development programs across Africa. With extensive experience in various sectors in South Africa, Southeast Asia, and the UK, Noor Jehan is passionate about working with communities to create...

What America can learn from Canada’s new ‘$10 a Day’ child care system

From Jackie Mader / The Hechinger Report: The $10 a Day initiative, which started in British Columbia and is now being expanded throughout Canada, subsidizes child care centers so that tuition for families can be capped at a more affordable...

Emirates Global Aluminium seeks to enhance all-round sustainability

From Gulf Today: Emirates Global Aluminium, the largest industrial company in the UAE outside oil and gas, is among the first corporations in the region to open sustainable corporate bank accounts, which ensure cash balances are used to finance or...

Conversation with Sean Watson

Sean is the Chief Executive Officer of the Mountain Hazelnut Venture Private Limited in Bhutan. With innovative financing, Mountain Hazelnuts partners and innovates with smallholder farming households and community groups throughout Bhutan to generate long-term income, revitalize vulnerable communities, and...

Conversation with Lais Fleury

Laís Fleury has twenty years of experience as a social entrepreneur and has been a Fellow of Ashoka Social Entrepreneurs since 2003. Over the last decade, Laís has been working for Alana, advocating for the right of every child to...

Conversation with Donna Norton

Donna Norton is a founding member of MomsRising and serves as MomsRising’s Executive VP and Chief Advancement & Strategy Officer, helping to develop and drive the strategic direction of MomsRising’s agenda. Norton is an innovator and strategic manager with more...