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Leverage for Good - An Introduction to the New Frontiers of Philanthropy and Social Investment (Hardcover)
Loot Price: R2,688
Discovery Miles 26 880
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Leverage for Good - An Introduction to the New Frontiers of Philanthropy and Social Investment (Hardcover)
Expected to ship within 12 - 17 working days
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Donate to Against Period Poverty
Total price: R2,698
Discovery Miles: 26 980
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With the resources of both governments and traditional philanthropy
barely growing or in decline, yet the problems of poverty,
ill-health and environmental degradation ballooning daily, it is
increasingly clear that new models for financing and promoting
social and environmental objectives have become urgently needed.
Fortunately, however, a significant revolution appears to be
underway in the way in which social and environmental purposes are
being financed. The heart of this revolution is a massive explosion
in the instruments and institutions being deployed to mobilize
private resources in support of social and environmental
objectives. Where earlier such support was limited to charitable
gifts, now a bewildering array of new instruments and institutions
has surfaced-loans, loan guarantees, private equity, barter
arrangements, social stock exchanges, bonds, secondary markets,
investment funds, and many more-all of them designed to leverage
not just the tens of billions of dollars of philanthropic grants
but the hundreds of billions, indeed trillions, of dollars of
private investment capital. While the changes under way are
inspiring and by no means trivial, however, they remain largely
uncharted in any systematic fashion. This monograph, and of the
companion volume for which it also serves as the introductory
chapter, is designed to overcome this problem, to provide the first
comprehensible and accessible roadmap to the full range of
important new developments taking place on the frontiers of
philanthropy and social investment. In the process, it seeks to
broaden awareness of these developments, increase their credence
and traction, and make it possible to maximize the benefits they
can generate while acknowledging the limitations and challenges
they also face.
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