Great discussion with philanthropists in cross cultural context, about the unique and important role philanthropy plays in promoting sustainable development in emerging and vulnerable countries by bridging the gap, channeling resources to worthily initiatives and providing a space por dialogue and learning. Individual philanthropists can be attuned to the needs of local communities in their areas of interest, and are able to accept risks which other donors are not equipped to take. At the same time, philanthropists face the challenge of allocating resources in a strategic and accountable way. Developmental progress lies on understanding local traditions and culture and them implementing solutions through modern institutions. By sharing experience with peers around the world, philanthropists can support globally tested yet locally embedded solutions. Peer-to-peer knowledge exchange and collaborative work allows the philanthropic community to serve as leaders catalyzing support from other private and institutional sources. GDF
Posted on: Wed, 16 Apr 2014 21:14:10 +0000
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