From Laura Paddison / Huffington Post: The results of a universal basic income (UBI) program in Kenya show the positive ripple effect of giving everyone money on a consistent basis over the course of several years. Recipients have been able to lift themselves out of poverty, start businesses, and invest in communal projects such as plumbing and better housing. Improved mental and physical health was also a major outcome of the initiative.
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From India Bourke / BBC: Debt-for-nature or debt-for-climate swaps are financial tools that allow indebted countries to refinance their debt and use the money saved to restore ecosystems and build environmental resilience. Ecuador, with the help of Credit-Suisse and the...
From CBS News: The Nehemiah project began in the 1980s building privately-owned homes on land that nobody wanted in East Brooklyn and sold the homes at prices that were affordable to working class families. Church and community organizers mobilized local...
From Dimitri Selibas / ENSIA: Guatemala’s reforestation programs pay farmers to keep their lands forested instead of clearing them for farming. The annual $380 payment each participant receives for 5 to 10 years comes from the general taxes collected by...
From Isabella Breda / Yes! Magazine: Despite a nationwide months-long coronavirus lockdown in Norway, the economy was able to remain stable due to a “decades-long effort to create an equitable economy” that helped the government to enact a package that...
From Jon Marcus / The Hechinger Report: As their workforces age, states across the United States are offering student loan repayment to incentivize college graduates to stick around. Now Maine and Vermont are the first to offer it to those...
From Emma Peaslee / NPR: A guaranteed income pilot program in Stockton, California, resulted in improved mental health and even increased full-time employment rates. The extra cash gave recipients who were struggling with poverty the mental and financial bandwidth to...