When it comes to helping the world's most vulnerable people, there's a lot of work to be donebut there's also a lot of money to be made.
That's because impact investing, a type of investment that tries to make a positive difference in the world through social, economic, or environmental causes, is on the rise, the New York Times reports.
According to Forbes, impact investing can bring in as much as $1 billion a year, which is enough to help the world's most vulnerable peopleas long as they have access to credit, have a voice in the economy, and have access to jobs and education.
But there's a lot of work to be done before impact investing can truly make a difference, the Times notes.
For example, many of the world's most vulnerable people live in poor or rural areas, where access to health care, education, and jobs is often poor.
And in many cases, impact investing doesn't actually do much for the world's most vulnerable people, the Times reports.
According to Forbes, the world's most vulnerable people are living in poverty at a rate more than three times that of the world's poorest people.
And the world's most vulnerable
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