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Weekly Roundup: Acumen’s SolarAid Acquisition, Davos Deja Vu , the Grumpy Gates Critics
This week we explore Acumen's purchase of the SolarAide research arm, ruminate on the Davos script and do a little defending of the Gates Foundation.
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- Uncategorized
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Filling the Funding Gap in ‘Pay for Success’
Pay for Success is a promising tool to measurably improve the lives of people in need and address the gap in funding for social programs, says Eileen Neely of Living Cities. It leverages private and philanthropic investors to fund preventative social programs, and the government only repays them for successful outcomes. But according to Neely, there are some concerns about upfront costs that could limit the scalability of the model. She discusses a possible solution in this post.
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- Investing