My latest contribution on Covid19 and inequalities. The main ideas are :

  • Covid-19 exacerbates inequalities and pre-existing socioeconomic disparities, thereby threatening the stability of many countries
  • Inequalities’ transmission factors include education, job exposure to infections, job availability, housing, transportation and safety nets
  • Supporting the income of disadvantaged households and boosting job supply should be the priority. Impact finance and philanthropic funds, such as zakah and waqf, are important in complementing government-supported mechanisms

Full article at IRTI Blog : https://blogs.irti.org/why-covid-19-exacerbates-inequalities-and-what-to-do-about-it/

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Published by Dr. Wael Mohamed Aaminou

Witnessing the 2008 financial crisis unfold in the United States was a defining moment in my career. This experience led me to transition towards ethical finance, which prioritizes the real economy, social welfare, and environmental sustainability. This journey has since taken me across Africa, the Middle East, and Southeast Asia, where I have contributed to shaping financial ecosystems across various sectors, including energy, agriculture, healthcare, and water. These diverse experiences have taught me that development challenges are complex and require a holistic approach, especially when resources are constrained. I have also learned that prioritizing key issues, particularly climate change, is essential. Climate change impacts nearly every sustainability perspective, making it a focal point of my work. In my current work, I leverage my expertise to confront climate challenges and drive the growth of green and inclusive economies, particularly within emerging markets.

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