Policymakers have expressed interest in learning from peers that have already begun to support inclusive business. To support this request for knowledge-sharing, the G20 Global Platform on Inclusive Business developed a series of short pieces that examine the motivations, institutional coordination mechanisms, priorities and challenges that countries face as they support inclusive business.
Brazil has an estimated 100 million people living at the base of the pyramid (BOP), making “social impact businesses” very relevant in the Brazilian context. Yet challenges exist in terms of capital supply, the number of social businesses with high growth potential, the number of intermediary organizations, and the broader business environment needed for social business to flourish.
While many public sector institutions have been active on the topic of inclusion for many years and a number of policies exist to support pro-poor business models, Brazil is just starting to coalesce these diverse efforts under the inclusive business framework provided by the G20.
The case study below elaborates the motivations, institutional coordination mechanisms, priorities and challenges that Brazil faces in terms of supporting inclusive business.