We proudly announce The Good Capital Project (GCP), an integral step in evolving impact investment from an emerging industry into mainstream practice. The GCP will focus on generating innovative and sustainable solutions to align the capital markets with the human needs of tomorrow.
The Good Capital Project will host a one-day launch event on June 19, 2017 in New York City that will gather select senior-level attendees to kick-off an ongoing industry-wide collaborative effort. Through a design thinking process, we will convene all constituents, from Wall Street, to development agencies, to foundations, to impact investors to entrepreneurs from the SOCAP community. Our goal with this two-year project is to drive greater collaboration and accelerate capital flows into purpose driven investments.
This project is the first initiative of SOCAP’s new partnership with a strategic group of mission aligned impact investors and innovators.
Over the last decade, the sustainable, responsible, and impact industry has gained critical momentum. According to a recent Rockefeller Foundation report, the total capital available for positive impact exceeds $287 trillion, while according to Morgan Stanley Institute for Sustainable Investing, only $8.7 trillion is currently allocated. The financial markets need to be prepared for the seismic shift in investor demographics that demand greater alignment of their portfolios with their values. The GCP seeks to unlock this potential and ensure the financial markets become a catalyst for good in the years ahead.
Metropolis, World Association of the Major Metropolises, is the global network of major cities and metropolitan areas.
With nearly 140 members and 30 years of history, Metropolis is the leading association that gathers the governments of the large urban agglomerations worldwide.
It serves as the hub and platform for metropolises to connect, share experiences and mobilize on a wide range of local and global issues, in addition to being the focal point of worldwide expertise on metropolitan governance.