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Climate Change Spurs McKnight to Go Big on Impact Investing
"One out of every three dollars has mission alignment," says Elizabeth McGeveran, who has led McKnight’s impact-investing program since 2014. No other foundation of McKnight’s size can say that.
- Categories
- Environment, Investing
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Perspective: Big Business Has a New Scam – The ‘Purpose Paradigm’
As a self-serving corporate fantasy, the purpose paradigm is designed to win trust that isn’t earned, perpetuate power that is not legitimate, and preserve a lack of governmental oversight under which corporations compete with each other for profits.
- Categories
- Agriculture, Education, Environment, Impact Assessment
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Viewpoint: The value of nature in smart development
Building smart requires governments and businesses to recognise nature’s role in spurring economic growth and ensuring ecological and human health, writes Maxwell Gomera.
- Categories
- Environment
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Matt Damon’s Water Charity Takes Impact Investing Plunge
Water.org, the nonprofit resulting from the 2009 merger of Matt Damon’s H2O Africa and Gary White’s WaterPartners, has completed an $11 million impact investing pilot project and has already closed on $33 million in a new fund that they hope will reach $50 million.
- Categories
- Environment, Investing
- Tags
- impact investing
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Toxic Smoke Is Africa’s Quiet Killer. An Entrepreneur Says His Fix Can Make a Fortune
Inyenyeri, aims to replace Africa’s overwhelming dependence on charcoal and firewood with clean-burning stoves powered by wood pellets. The business has just a tad more than 5,000 customers and needs perhaps 100,000 to break even.
- Categories
- Energy, Environment, Health Care
- Region
- Sub-Saharan Africa
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UK Teams With IFC To Mobilize $2 Billion In Green Construction Financing
“Green buildings represent a powerful opportunity to address climate change in emerging markets,” said Hans Peter Lankes, IFC’s Vice President for Economics and Private Sector Development. “Investments in green buildings certified with EDGE and other standards could represent a $3.4 trillion opportunity over the next decade. Blended finance is a valuable tool to help create new markets for green construction by mobilizing private capital through financial intermediaries.”
- Categories
- Environment, Finance
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Multilateral Development Banks agree to align climate change goals
The nine MDBs are: The African Development Bank Group, the Asian Development Bank, the Asian Infrastructure Investment Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank Group, the Islamic Development Bank, the New Development Bank, and the World Bank Group (World Bank, IFC, MIGA).
- Categories
- Environment, Finance
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Ready for a Fight: Behind a Company’s Long Record of Activist Green Giving
With marketing trends driving more brands to embrace political causes, Patagonia’s past couple of years could be mistaken for a masterful PR campaign. But the company’s history shows its activism is no stunt.
- Categories
- Environment
