Asia offers huge untapped opportunities for inclusive business in agribusiness, health, education, and other sectors.
Armin coordinates ADB’s Inclusive Business Initiative, which promotes private sector investments in inclusive business companies, policy work with governments and business associations, impact assessment, and knowledge and partnership development on inclusive business in Asia. He joined ADB in 1995 and since then has worked in various functions in the operational, strategy and policy, and knowledge management departments. Armin has over 20 years of development experience, and prior to AB he worked for the German technical assistance agency (GIZ), the German Development Bank (KfW), and grassroots NGOs in India.
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The system help distinguish an inclusive business model from other types of investment.
Mature, ‘investment-ready’ inclusive businesses in the region are expected to triple in the next ten years.
Inclusive business can address problems of the poor at scale in a sustainable, commercially viable way. But this approach is still a small niche, and scaling it up will require all actors to ‘up their game.’
When risk mitigation processes are put in place, inclusive business deals are no more risky than other investments – it’s is just a different kind of risk.