Covering the G-20’s major new economic initiative with a focus on property rights
Land is one of the most important assets for people and communities in every corner of the world, yet 72% of the world’s population lacks formal rights to their property. Without proof of ownership, that asset cannot be used as collateral, effectively shutting landowners out of opportunities for loans and credit and hindering the owners of small and medium sized enterprises (SMEs). The G-20 recognizes that breaking down this kind of powerful barrier to financing is critical to helping the world’s small businesses grow and thrive. The G-20 SME Finance Challenge is finding solutions and committing to fund and support the best of them.
The G-20 has partnered with Ashoka Changemakers , which has a long track record of finding the world’s best solutions to social challenges and has a history of identifying and supporting innovators in property rights throughout the world. Entrants in the SME Finance competition, a separate current Property Rights Challenge, and other social entrepreneurs in the Ashoka and Changemakers community are proving that there are solutions to strengthening land rights that will improve opportunities for all.
Here are some potential angles and interviews for unique, interesting coverage of property rights, for the G-20 Summit and beyond:
“Unusable” land can become an asset for the landless – By imagining new uses for unused and unclaimed property, more people can become landowners, increasing individual and community wealth and economic stability.
Strengthening women’s property rights increases productivity and strengthens communities – In developing countries women produce 60-80% of the food and own less than 5% of the land. If women had the same access to land that men do, agricultural productivity would increase by 20%.
Collaboration and trust building between stakeholders is essential – Some of the most effective innovations in property rights facilitate consensus between land-users and landowners, or between governments and local communities.
Engaging the financial sector advances property rights reform – Property rights are a highly emotive, politically charged, and multi-faceted issue. With a problem so deeply tied to policy and access to capital, the financial system must be a part of the solution. Owning land requires access to capital and/or credit, making coordination with the financial sector and support from policy makers a critical part of successful initiatives.
This is just a small fraction of the resources available through Ashoka and Changemakers. For further information and to access our global community of more than 140,000 changemakers around the world, please contact: