Nanjing, China—The G20 officially launched the Global Platform on Inclusive Business (GPIB) today in Nanjing, China. The Platform is a global partnership that will provide support to policymakers and accelerate the adoption of inclusive business policies and programs globally.
Many inclusive businesses face external and internal constraints, both at the BOP market level and at the company level. Challenges differ in degree and type from those typically encountered by businesses in developing and emerging economies and may also differ depending on the company’s approach to inclusive business. Constraints at both the market and company levels have been identified along four broad dimensions: information, rules and regulations, financial resources, and capacity. Where these can be reduced, inclusive businesses can grow and achieve greater impact.