Commitment to Action

Unleashing Value for Business and Society in Brazil

Commitment by

Inter-American Development Bank, United States Department of State, Mercy Corps

In 2011, Mercy Corps, the Global Partnership Initiative in the Office of the U.S. Secretary of State, Granum Investimentos, Arent Fox, and the Inter-American Development Bank (IDB) committed to launch a new organization that will harness the power of collaboration to unlock a new era of integrated financial, social, and environmental value in Brazil. In emerging markets, like Brazil's, demographic and natural resource shifts represent new opportunities to create shared value through partnerships with innovative businesses, governments, and civil society. Recognizing this, the organization founded through this commitment will work with strategic partners to provide collaboration and business development services, catalyze new ventures, and offer opportunities to showcase the leadership of trend-setting partners on a global stage (during the upcoming U.S. Secretary of State's Investing with Impact Forum in Washington, D.C. in the fall of 2011, for example). Current partners have committed to focus activities on two pressing business streams : 1) promoting increased recycling, and 2) developing financial tools to foster responsible consumers. Current partners will also recruit at least three corporate members to participate in each business stream. Ultimately - and as a result of these business streams - this commitment aims to directly affect the lives of two million people by expanding access to education, quality services, and employment opportunities. After piloting this model in Brazil, current partners hope to replicate it in other emerging markets.

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Overview
Summary

Commitment

Unleashing Value for Business and Society in Brazil

Launched

2011

Est. Duration

2 Years

Estimated Total Value

$2,000,000

Region

Latin America & Caribbean

Countries

BRAZIL

Commitment by

Inter-American Development Bank, United States Department of State, Mercy Corps

Partner(s) of the Commitment Maker(s)

Greentech Capital, Arent Fox LLP