Continues systemic shocks – COVID-19 pandemic, souring inflation, war in Europe, and a risk of entering the era of “polycrisis”, have been shown to expose existing societal weaknesses. Through job losses, broken social security systems, interrupted education and schooling, compromised food security, and increased gender-based violence, all these have worsened broad societal inequities including access to health and basic needs. There is a growing understanding that effectively addressing these inequities will require coordinated multistakeholder efforts across the public and private spheres. At the same time, recent research by WEF Global Alliance for Social Entrepreneurship and Bayer Foundation shows that social innovators have led the way in developing scalable solutions that sustainably address the protracted barriers of health and food systems, recognizing local needs and context. Partnering with these potent change actors provides an actionable pathway for private and public sector leaders to follow through on their equity commitments.
Drawing on learnings from the emerging research on the role of social innovators in addressing systemic inequities, this session aims to:
• Showcase actionable ways in which social entrepreneurs and innovators are successfully closing the equity and social fairness gaps
• Unpack opportunities for innovative and sustainable collaboration between business, government, civil society, philanthropic organizations and social innovators, recognizing that equity is a societal goal