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The best charities are over one hundred times more effective than others. 🤯 We recently published the first-ever global review of how different charities vary in cost-effectiveness when it comes to improving wellbeing. Our research has shown that you can make a far greater difference to world happiness at no extra cost to yourself, simply by changing where you donate. This is what we published in this year’s World Happiness Report, inside chapter 8. Imagine you donated $1000 to a random charity. Pretty good! Now imagine if you donated that $1000 to one of the most cost-effective charities. This could be as impactful as a $100,000 donation to a random charity. How did we measure wellbeing for the purpose of this research? We quantify the improvement in wellbeing using wellbeing-years (WELLBYs) i.e. a measure of how much a person’s happiness improves and for how long. One WELLBY = a 1-point increase on a 0–10 life satisfaction scale for one person for one year. For example, if your wellbeing increased from 6/10 to 7/10 for two years, that would be 2 WELLBYs. WELLBYs are different to QALYs or DALYs but work similarly, for example: 😞 Depression is linked to a 1.3-point decrease in life satisfaction. 👨‍🔧 Unemployment reduces life satisfaction by 0.5 points. 💲 Doubling income increases life satisfaction by just 0.2 points. 💍 Getting married is linked to a 0.3-point increase. This graph from our research published in the World Happiness Report shows how many WELLBYs different charities create per $1,000 donated. @pureearthnow, which works on reducing lead exposure, creates over 100 WELLBYs per $1,000. Mental health interventions like @makestrongminds and @friendshipbench_global also score highly. Some charities, however, generate fewer than 1 WELLBY per $1,000, meaning they are hundreds of times less effective than the best options. This research reinforces what effective giving is all about: some donations do radically more good than others. By choosing where we give wisely, we can have an impact on global wellbeing. #whr25 #worldhappinessreport25 #happinessreport #effectivegiving #charityevaluation #happierlivesinstitute
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投放天数
2025-04-20
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