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Impact Investment: The Real Issue Not Money or Innovation But Change Management

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Positive Impact Investing

Part of the book series: Sustainable Finance ((SUFI))

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Abstract

The current social capital market in the face of the crisis we face in just Climate, Agriculture, WASH. is not fit for purpose and will demonstrably fail all of us with catastrophic consequences. The current governmental funding crisis, growth of inequality, large scale migration, and violence on the streets of Europe are symptoms of a not a cyclical but a structural funding crisis. We need to learn from history where the major turning points of history have always had a financial dimension. We have reached such a turning point—the issue is not innovation, or even money—the question is can all stakeholders in both developed and developing world (Civil Society, Governments, Corporates) collaborate to solve these issues—this paper seeks to give some of those solutions—and opportunities.

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Notes

  1. 1.

    http://www.cfr.org/world/effects-youth-bulge-civil-conflicts/p13093

  2. 2.

    http://www.if.org.uk/archives/2031/ons-reveals-full-uk-pension-liabilities

  3. 3.

    http://givingusa.org/giving-usa-2015-press-release-giving-usa-americans-donated-an-estimated-358-38-billion-to-charity-in-2014-highest-total-in-reports-60-year-history/

  4. 4.

    http://www.cnsnews.com/news/article/cnsnewscom-staff/cia-director-cites-impact-climate-change-deeper-cause-global

  5. 5.

    http://www.unescap.org/sites/default/files/Development%20Financing%20for%20Tangible%20Results-A%20Paradigm%20Shift%20to%20Impact%20Investing%20and%20Outcome%20Models.pdf

  6. 6.

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=980097

  7. 7.

    http://www.socialimpactinvestment.org/reports/Mission%20Alignment%20WG%20paper%20FINAL.pdf

  8. 8.

    As an aside an LLP/LLC (effectively the same concept should not be confused with a LP (Limited Partnership structure) which is often used by Venture Capital entities and is notoriously un-transparent and can quite often define the power relationship to the benefit of the VC entity

  9. 9.

    http://www.nytimes.com/2015/11/04/business/dealbook/did-goldman-make-the-grade.html?_r=0

  10. 10.

    http://www.carbontracker.org/about/

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Wood, A. (2018). Impact Investment: The Real Issue Not Money or Innovation But Change Management. In: Wendt, K. (eds) Positive Impact Investing. Sustainable Finance. Springer, Cham. https://doi.org/10.1007/978-3-319-10118-7_14

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