The Global Innovation Fund was created by a group of donors and other actors to .....

DEFINITION OF SOCIAL ENTREPRENEURSHIP

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

The Global Innovation Fund was created by a group of donors and other actors to ____

A	pilot, test and scale innovative ideas
B	raise funds to help small business owners in difficult financial situations
C	help reduce unemployment rate
D	None of the above

Explanation:

Detailed explanation-1: -The Global Innovation Fund, or GIF, is social impact-first investment vehicle that works with mission-aligned development agencies, philanthropy, and other funders to find and fund evidence-based innovations with the potential to positively impact the lives of millions of the world’s poorest people.

Detailed explanation-2: -Avinash Mishra-Managing Director-Global Innovation Fund | LinkedIn.

Detailed explanation-3: -How is the Innovation Fund funded? The EU Emissions Trading System (EU ETS)EN•••, the world’s largest carbon pricing system, is providing the revenues for the Innovation Fund from the auctioning of 450 million allowances from 2020 to 2030, as well as any unspent funds from the NER300 programmeEN•••.

Detailed explanation-4: -The Global Innovation Fund is a non-profit, impact-first investment fund headquartered in London with offices in Washington, D.C. and Nairobi.

There is 1 question to complete.