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Social entrepreneurs improve millions of lives

Social entrepreneurs have improved about 622 million lives around the world over the past 20 years, a new report released on Friday shows.

The Schwab Foundation Report for Social Entrepreneurship shows how social entrepreneurs can influence at scale, contribute to sustainable development goals and modify the systems in which they operate.

More than $6.7 billion projects and products have been distributed by the social entrepreneur. The report found that these projects have enhanced livelihoods by increasing healthcare access, improving education outcomes and providing clean energy solutions.

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It has also alleviated more than 192 million tonnes of carbon dioxide which is equivalent to taking around 40.7 million passenger vehicles off the road for a year.

“This report challenges the notion that models of social innovation can be dismissed as small, isolated islands of success amidst our overwhelming global challenges. Consider the combined …