Economic Development

Diversifying Financing Mechanisms to Scale Effective Youth Employment Interventions

Event information
Date
Thu Jul 11, 2024
8:30am - 9:30am EDT
Location
Virtual
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Join us on July 11, 2024, from 8:30 a.m. to 9:30 a.m. (EDT), for an insightful webinar exploring the diverse set of financing models that can support youth employment and entrepreneurship. With close to 600 million young people worldwide facing challenges related to education, training, and employment, our panel of experts will delve into transformative financing solutions that can power effective and scalable interventions in the sector.

Co-hosted by Aspen’s Global Opportunity Youth Network, Global Development Incubator, Catholic Relief Services, and YEO 2030, this webinar will present the key findings of the recently released FinYouth report on this topic and illustrate their application by featuring two concrete cases of financing models used to support youth employment goals. Whether you’re a funder, implementer, young changemaker, policymaker, or passionate advocate, this webinar is your opportunity to gain valuable insights.

Don’t miss an exciting discussion featuring moderator Beth Collins, Managing Director, Impact Investing/Catholic Relief Services and panelists Cyrielle Auffray, Senior Manager, Global Development Incubator; Daniel Uribe, Executive Director, Fundación Corona; and Julia Kho, Knowledge Manager, Triple Jump. Learn from real-world success stories, understand implementation challenges, and discover lessons learned.

Register now to be part of this critical conversation shaping the future of youth employment!


finyouth report

The FinYouth report was developed by the Global Development Incubator (GDI) in partnership with Catholic Relief Services (CRS) and the Global Opportunity Youth Network (GOYN).

In every country, governments, donors, civil society organizations, corporates and young people have mobilized to address youth unemployment, with an increasing recognition that a suite of solutions ranging from demand-driven skilling programs to mentorship and entrepreneurship support will be needed to address the problem at scale. Appropriate mobilization of financing and associated mechanisms is acutely needed to fund these solutions at the scale of the challenge. Importantly, a range of new models have emerged to address scalability, effectiveness and sustainability issues that often affect grant-funded programs. However, youth employment stakeholders lack familiarity with these financing solutions and have expressed the need for guidance on how and where to use these products.

The FinYouth report addresses these issues by:

a. Providing a comprehensive review of financing mechanisms for youth employment and entrepreneurship;

b. Identifying financing models proven to be the most effective, scalable and sustainable over time; and

c. Recommending products for stakeholders to consider launching and scaling in their markets.

This executive summary introduces the analytical framework used in the report, highlights key conclusions and recommendations, and includes an overview of the 11 product recommendations made in the report.

Full report available here.