The COVID-19 pandemic has exacerbated and highlighted the inequities that perpetuate harmful outcomes for billions of people around the globe. A growing number of voices call for global leaders to seize this crisis as an opportunity to "rebuild better." However, this is easier said than done.
How can leaders help markets achieve systemic transformations toward inclusion and equity?
In this report, we provide guidance for philanthropic actors seeking to be more effective in supporting such changes in market systems, based on the Market System Innovation (MSI) approach first developed by FSG and the Rockefeller Foundation in 2017. Here, we share lessons from our work supporting partners across the globe in applying MSI in a range of real-world scenarios and offer practical suggestions for others involved in similar work.