Philanthropy

Citi’s Irina Berg talks to Dorota Amin of the World Food Program USA and Charlotte Gauthier of the Citi Foundation about how philanthropy is morphing, and emerging best practices for corporates and non-profits.

Prosocial attitudes continue to thrive globally, but giving trends changed in 2022 compared to 2021. Some countries saw an uptick in charitable giving following the invasion of Ukraine, while others saw headline figures fall below pandemic-related highs.

Amy Thompson, Social Economist at Citi Global Insights, in conversation with Naomi Chapman, Senior Consultant at New Philanthropy Capital (NPC).

The first of the United Nation’s Sustainable Development Goals (UN SDGs) is to end poverty. While one of the benefits of globalization over the past 30 years has been the reduction in absolute rates of poverty worldwide, poverty is often still simply measured in terms of income levels. Yet poverty is multifaceted and reflects more than a deficiency of income and productive resources. It encompasses economic, social, cultural, and political elements and is inherently interwoven with a lack of fundamental human rights. According to the UN, its manifestations include hunger and malnutrition, inequality, social discrimination and exclusion, deprivation, inadequate access to education and basic services, as well as lack of participation in decision-making. To make progress towards poverty reduction, we need to consider ways to mobilize more investors and businesses to adopt this goal.