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Why Environmental Impact Bonds Are Catching On

Laurie Mazur

May 25, 2018 |

Governing |

Text |

800-1500 Words

Response Location: United States

Environmental impact bonds allow cities, sometimes even community members, to share the risk and rewards with investors that are backing innovative possible solutions to big problems. This plan allows for large-scale green infrastructure to be piloted in areas across the U.S. where it is most needed.

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Tiny Houses Alone Can't Solve the Housing Crisis. But Here's What Can

Chris Winters

May 08, 2018 |

Yes! Magazine |

Multi-Media |

Over 3000 Words

Response Location: United States

Buying a house with 8 other people, tiny houses, forming a homeowners association to buy land, and community land trust’s are all different options people are taking to find alternate forms of housing that are affordable. “They’ve defined a new American Dream. They hope others will follow their model, if not by making the same choice, then by being willing to look beyond traditional boundaries.”

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‘Darling danggit' maker discovers prize catch abroad

Mark Anthony D. Toldo

April 22, 2018 |

Philippine Daily Inquirer |

Text |

800-1500 Words

Response Location: Philippines

In the Phillipines, Fishers & Changemakers, Inc. pushes for sustainable fishing and is also making a profit. It works with 145 small-scale fishermen and 70 women who naturally process the fish spanning seven fishing communities. Its sea-to-table business model puts certain limitations or guidelines on its fishermen. For example, they limit fishing to species that can reproduce quickly and sustain their populations. They also train their fishers on the effects of overfishing.

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Want to save your job and make more money? Buy out your boss

Aditya Chakrabortty

March 14, 2018 |

The Guardian |

Text |

1500-3000 Words

Response Location: United Kingdom, Glasgow

The owners of Novograf, a UK-based marketing company, faced a challenge when they were ready to retire. They did not want to sell their company and risk a relocation of the factory, which would take away jobs from the local economy. Instead, they sold their company to their employees. Data shows that employee-ownership leads to higher wages and higher job satisfaction. One year after the transition to employee-ownership, Novograf sales grew by 20%.

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Issuing Bonds to Invest in People

Tina Rosenberg

March 06, 2018 |

The New York Times |

Text |

1500-3000 Words

Response Location: United States, New Haven, Connecticut

In cases where funding is short for social programs, social impact bonds are becoming an increasingly appealing funding mechanism. Private investors and philanthropic institutions invest money upfront to fund a social program; if the program shows measurable success, the investors gain their original investment plus interest. A key example is in Connecticut, where a social impact bond was set up to expand the Family Stability Pay for Success Project. By spending money on prevention, investors and governments save money later.

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How Preston took back control

Aditya Chakrabortty

January 31, 2018 |

The Guardian |

Podcast |

Over 15 Minutes

Response Location: England, Preston

The city of Preston, northern England, models a new local procurement plan after an initiative in Cleveland, Ohio that keeps money spent by large community institutions, like hospitals and schools, within the local economy. By focusing the chain of supply and demand within the community through co-ops and credit unions, the city of Preston saved £75m that goes back into the local economy.

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When Communities Say No One Should Stay in Jail Just Because They're Poor

Amy Roe

November 27, 2017 |

Yes! Magazine |

Text |

800-1500 Words

Response Location: United States, Atlanta, Georgia

Across the United States, organizations like Southerners on New ground and the Bronx Freedom Fund are posting bail for individuals facing low-level offenses who cannot afford it on their own. Such initiatives have gained in popularity because of the Black Mamas Bail-Out, a coordinated effort during May of each year. In posting their bail, these organizations are working to equitably help people of color, who are disproportionately affected by the cash bail system.

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IDB Aims to Catalyze Energy Efficiency in Latin America

Abhilasha Purwar

July 03, 2017 |

Clean Energy Finance Forum |

Text |

800-1500 Words

Response Location: United States

Barriers, such as lack of standardization and information dispersion, are preventing market development for global financing of energy-efficient projects. The Inter-American Development Bank's Energy Savings Insurance Team has developed a scheme that could increase investments resulting in greater energy efficiency; through implementations such as standardized contracts, market auditors, and an engagement framework.

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This Grantmaking Pyramid Strategy Ensures That Nonprofits Won't Topple

Ben Paynter

July 01, 2017 |

FastCompany |

Text |

800-1500 Words

Response Location: United States, New York, New York

Traditional models of nonprofit funding, as well as pressure to limit overhead spending, have created an unsustainable system in which many organizations with otherwise great potential drown. Like private companies, nonprofits need to invest in their teams, offices, and research and development, "while putting aside some cash so they don’t live and die by the next grant cycle." The Ford Foundation is changing the ineffective result-driven method of funding nonprofits through its BUILD Program, which allows for better focus on organizational resilience and sustainability.

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Rethinking Homeless Shelters From the Ground Up

Krutika Pathi

June 28, 2017 |

Bloomberg CityLab |

Text |

800-1500 Words

Response Location: United States, New York, New York

The homeless population in NYC stands at the highest number since the Great Depression. The Bowery Residents Committee has suggested changes to how shelters emerge, run and are funded. With a focus on results-based funding, the BRC advocates for the prioritization of impact on the people served. It rewards locations that demonstrate a high ratio of people moving in to those returning; "building to the function" of helping people re-enter society; and eliminating private landlords.

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