Iqbal Dhaliwal, Global Executive Director of MIT’s Abdul Latif Jameel Poverty Action Lab (J-PAL), and Vikrant Bhargava, Founder of Veddis Foundation, join Alberto Lidji to discuss the power of evidence, the ASPIRE partnership and the innovative Emissions Trading Scheme.

We also explore how philanthropists should decide what to fund, where and how to fund; why evidence is so important in driving forward policy change; and why policy itself should be a key focus in the philanthropic space.

The ASPIRE partnership (Alliance for Scaling Policy Impact through Research and Evidence) is a coalition of governments, philanthropic organizations, civil society groups, and research institutions.

The Emissions Trading Scheme (ETS) is a flexible, market-based approach to solving the air pollution problem in India. It works by capping emissions for a particular pollutant, like particulate matter, in a particular area. It allows sources of the pollutant, such as industrial plants, to trade emissions permits among themselves. The capping ensures emissions targets are met while trading allows this to be achieved cheaply.

The Abdul Latif Jameel Poverty Action Lab (J-PAL) is a global research center working to reduce poverty by ensuring that policy is informed by scientific evidence. Anchored by a network of more than 900 researchers at universities around the world, J-PAL conducts randomized impact evaluations to answer critical questions in the fight against poverty.

J-PAL co-founders Abhijit Banerjee and Esther Duflo, with longtime affiliate Michael Kremer, were awarded the 2019 Nobel Prize in Economics for their pioneering approach to alleviating global poverty.

Veddis Foundation invests in organisations working at the intersection of technology, policy, and impact. Veddis also partners with governments on policy implementation, effective public service delivery and governance.

Thank you for downloading this episode of the Do One Better Podcast. Visit our Knowledge Hub at Lidji.org for information on 250+ case studies and interviews with remarkable leaders in philanthropy, sustainability and social entrepreneurship.