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NexThought Monday: A New Checklist for Developing Markets for Underserved Communities
New research highlights the significance of incorporating a more “bottom-up” and participatory approach to market development – a position that contrasts with top-down methods that have dominated academic, policy and practitioner discourse.
- Categories
- Education, Energy, Impact Assessment
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Citi Foundation Announces $20 Million Community Progress Makers Fund
The Citi Foundation announced today the launch of the Community Progress Makers Fund, a $20 million grant initiative to support nonprofit organizations in the U.S. The Fund will provide unrestricted grant funding to help community organizations lead urban transformation efforts that catalyze economic opportunities for low-income households and communities. Core operating support commitments of up to $500,000 each will be available to organizations working in Chicago, Los Angeles, Miami, New York City, San Francisco Bay Area and Washington, D.C.
- Categories
- Impact Assessment, Investing
- Tags
- philanthropy
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Investors’ Circle Starts New $3M Funder for Impact Investments
Durham-based Investors’ Circle has closed $1 million of its latest $3 million funder, aimed at fueling a particular breed of startup.
- Categories
- Impact Assessment
- Tags
- impact investing, solar
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A Growing Number of Opportunities for Investors to Create Impact
There is a growing appetite for investment products that focus on impact investing and social responsibility. Just last month, BlackRock announced that it would launch a new mutual fund, the Impact U.S. Equity Fund. According to Reuters the outcomes to be measured are “green innovation, corporate citizenship, high impact disease research, ethics controversies and litigation.”
- Categories
- Impact Assessment, Investing
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Investing for Good on Rise in Africa
Almost half of all assets under investment in three of Africa’s most significant economies are being invested for good in some way, according to new research from the Bertha Centre for Social Innovation & Entrepreneurship, a specialised unit at the UCT Graduate School of Business (GSB).
- Categories
- Impact Assessment, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Impact Investing Cleared for Take-Off: Merrill Lynch Whitepaper Tracks Key Developments in the Sector
Two major hurdles to the broader adoption of impact investing are being cleared by structural changes in the capital markets and new guidance issued by the Department of Labor that makes it easier for retirement plans to offer environmental, social and governance (ESG) solutions to investors planning for retirement.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Ford Foundation Spells Out Cuts to Make Way for Its Shift in Focus to Inequality
Under a new strategy announced today, the Ford Foundation will double the amount it provides to grantees to cover administrative overhead costs and steer $1 billion over five years toward strengthening social-justice organizations. At the same time, it will cut its support of several initiatives, including LGBT rights in the United States, direct cash transfers in Latin America, and microfinance.
- Categories
- Impact Assessment
- Region
- Latin America
- Tags
- microfinance, philanthropy
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NexThought Monday: And the big winners in the move to SDGs are … why not everyone?
As we move from the Millennium Development Goals to the Sustainable Development Goals (SDGs), the transition process is filled with a mix of excitement, expectation and guarded optimism. Perhaps some of the early hesitation voiced by various stakeholders, in both the public and private sector, trying integrate the SGDs will come to pass. However, the flourishing ecosystem of large companies diligently working in corporate social responsibility, shared value and in the inclusive business arena is encouraging.
- Categories
- Impact Assessment
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