Philanthropy

A panel of young people will contribute to the selection of a winning portfolio of investments that prioritise positive social and environmental impact for young people and future generations.

The new fund aims to help trustees of UK-based charities balance the funding of their activities whilst safeguarding capital for the future.

The new fund is focused on early-stage startups that aim to improve the lives of workers in sectors with low pay and insecure employment, using data and technology.

Wealthy investors who want to create social and environmental impact often rely on far more than just money, according to a new report by the University of St. Gallen and the MIT Sloan Sustainability Initiative. 

The cooperation between both organisations targets nature-based solution companies within the value chains of globally traded commodities in Indonesia including coffee, cacao and coconut.

The initiative, backed by the Walton and Rockefeller foundations, aims to deploy multiple capital types to scale up support for regenerative practices in the US agricultural heartland.

The consortium, which includes global companies and philanthropic organisations, sees collaborative efforts as a way to close the financing gap for education globally.

After laying the foundations, the MENA region is building an investable impact economy from the ground up, with resilient businesses that are ready to scale, says Safia Tmiri, executive director at Alfanar.

Chief impact officer Servane Metzger-Corrigou has been named executive director of the endowment fund, which is now expanding its efforts beyond France into the wider European region and francophone Africa.

One of the largest private banks in Ethiopia is seeking to develop financial services tailored to improve the growth prospects of up to one million small businesses.