Unlocking the Social Economy: Towards Equity in the Green and Digital Transitions
The green and digital transitions offer transformative opportunities but risk exacerbating existing inequalities. Over 2.6 billion people lack reliable internet access, and 760 million lack electricity. These shifts, critical for sustainable development, often leave behind communities dependent on fossil fuels or marginalized by the digital divide.
The green and digital transitions offer transformative opportunities but risk exacerbating existing inequalities. Over 2.6 billion people lack reliable internet access, and 760 million lack electricity. These shifts, critical for sustainable development, often leave behind communities dependent on fossil fuels or marginalized by the digital divide.
This report highlights the critical role of the social economy – comprising social enterprises, cooperatives and similar organizations – in promoting equity during these transitions. With 200 million jobs and over $2 trillion in turnover globally, the social economy drives inclusive innovation. It enhances affordability, accessibility and job creation while empowering marginalized groups through community-based solutions and impact investing.
By integrating lessons from social enterprises into policy frameworks, governments and businesses can ensure that the benefits of green and digital innovation reach everyone, creating a more inclusive, equitable and sustainable global economy.