Despite progress in lifting people from poverty, and the emergence of a middle class in many developing economies, there are still more than 800 million people living on less than $1.25 a day. No matter where one stands on the political spectrum, there is consensus that the fulfillment of basic human needs - food, health care, education, shelter, and water – is not only an ethical imperative, but also the basis for economic growth, development, and an investment in peace and stability.
Solidarity micro-levies have proven that it is possible to achieve real impact through small, painless contributions - and the impact is not limited to money. By virtue of design, unique stakeholders and networks, innovative financing mechanisms stimulate innovation and efficiency. While no panacea for financing of humanitarian, developmental, and social objectives, innovative financing is a creative solution that is in tune with the realities of the twenty-first century.