UNDP AltFinLab and UNDP Lebanon have created a system solution and technical platform together with the Social Impact Network. The platform, built during the DLT4EU accelerator program, can support the recovery of Lebanon, particularly to provide sustainable energy to facilities such as hospitals and schools, by providing access to funds that would be used to build solar PV plants.
UNDP AltFinLab explains their Track-and-Trace project, led under the DLT4EU accelerator programme, and addresses how the application of DLTs help solve societal and environmental challenges in Morocco.
In the Arab region despite steady progress in reducing poverty and boosting health and education, many countries face daunting development challenges. Tadamon aims to strengthen the role of civil society in development programming via innovative financing channels.
Since its launch in 2009, Live Lebanon has implemented 67 projects and raised US$4.2 million from Lebanese communities abroad. From education to environment, it has tapped into various aspects of society through development and awareness projects.
The Alternative Finance Lab, together with UNDP Panama, organized sessions to learn about advances in innovation with practical cases and thus be able to exchange with organizations that are already promoting blockchain, fintech, and crowdfunding initiatives.
UNDP AltFinLab partnered with Blockchain.com, UNHCR, and WEF to explore how block chain technology works, but also how it is already being used to pursue conventional ends. The culmination of that partnership is in the form of a white paper titled, The Future is Decentralised.
Displaced people often struggle with identity loss. Having the digital footprint of blockchain can help refugee families in transit and those of us in the humanitarian arena to get a better sense of what displaced people want. This way, we could get better at tailoring our toolkits to assist them.
The same as for software developers, we, development professionals, need a paradigm shift in how we do work, how that work gets financed and how we assist governments to better do their jobs – to provide services in more efficient way to more citizens with less of those excluded from services for whatever reason.