Year
2023

This content is also available in: Español, Português

"Dismantling and shifting power structures is key for achieving meaningful social impact. For far too long, funders have had significant control over social impact organizations: what they focus on, how they allocate resources, and how they measure their own success. This control contributes to ongoing inequity and impedes progress. This report seeks to contribute to those solutions by beginning to address two essential questions: Who has power to define success?, and, Who should have power to define success? Guided by this frame of reference, we conducted a review of existing literature, a series of 22 interviews, and a survey of 409 nonprofit leaders, social innovators, and philanthropic funders to understand how philanthropy and social innovators measure success. We focused on the challenges faced specifically by Black, Indigenous, and people of color (BIPOC) leaders. Across these three methods, we sought to understand four key questions: 1. Who has power to define vision, mission, and metrics? 2. What metrics are collected and how are they used? 3. What effect do metrics have on BIPOC leaders? 4. How can we create more equitable funding streams?"

READ MORE

"The report delves into micro and small women entrepreneurs’ credit journey and explores demand and supply-side factors. The study shares insights on credit requirements, experiences, challenges, and credit success determinants for individual and collective women-led enterprises. This report also identifies five key personas of female borrowers. It shares the supply-side experiences of bankers and other organizations who directly or indirectly lend to women entrepreneurs. It shares some novel methods and good practices supply-side stakeholders implement to mitigate and distribute credit risk. Ultimately, it provides key recommendations to enhance access to credit for women entrepreneurs."

READ MORE

"The report highlights the struggle of Micro, Small, and Medium Enterprises (MSMEs) in measuring and communicating their contributions to climate adaptation and resilience, owing to complexity, cost, and the inadequacy of existing metrics. This leads to a gap in understanding the impact of their efforts. The study aims to identify solutions and principles to better measure climate resilience and adaptation in MSMEs, guided by the Climate Capital Network's Metrics and Measurement Working Group. It aims to identify the challenges faced by MSMEs in measuring climate adaptation and resilience, assessing the relevance of metrics for investors, and outlining comprehensive principles to gauge these aspects effectively. It stresses the complexity and multifaceted nature of climate resilience and adaptation. They highlight the discrepancy and complexity among existing indicator frameworks, hindering their usability and comparability. MSMEs face hurdles in accessing and utilizing these metrics due to cost, complexity, and limited visibility compared to larger enterprises. The study identifies ten patterns crucial for measuring climate resilience and adaptation, emphasizing social impact, environmental conditions, financial considerations, risk management, and governance mechanisms. Finally, it emphasizes the need for flexible, comprehensive, and accessible metrics to facilitate investor understanding and encourage private sector investment in climate adaptation and resilience solutions. There's a call for clearer, standardized, and practical metrics supported by case studies to guide MSMEs in demonstrating their impact effectively to potential investors. This comprehensive approach aims to bridge the gap between the desire for climate resilience investments and the challenge of measuring their impact."

READ MORE

"This report emphasizes the urgency to transition from the "Age of Innovation" to the "Age of Adoption" in response to climate change impacts by 2030. It identifies the critical need for the widespread implementation and scaling of existing climate technologies, and problematizes the gap between the availability of viable climate solutions and the slow pace of their adoption. It explores what will it take to deploy innovations at scale, aiming to understand the barriers hindering the widespread implementation of climate innovations. It identifies the pivotal role of climate finance in facilitating large-scale adoption, and underscores the necessity for collaborative efforts among various financial stakeholders, such as venture capital, private equity, foundations, and corporates, to devise innovative financial mechanisms. The report showcases how these financial innovations combine grants, equity, and debt to address climate challenges effectively. Finally, it stresses the need for specialized climate finance to bring innovations to the market swiftly, and emphasizes collaborative efforts among diverse capital allocators to develop creative and collaborative climate finance strategies."

READ MORE

Esta guía ofrece una metodología inicial para emprendedores y Organizaciones de Apoyo a Emprendedores (ESOs, por sus siglas en inglés), destacando cómo identificar los criterios y atributos que sitúa un emprendimiento en la categoría de transición dual, esta se refiere a ntersección entre transformación digital y los retos que se tienen ante cambio climático, esta intersección crea retos y oportunidades.

READ MORE

"An in-depth research report, issued by the African Venture Philanthropy Alliance (AVPA), with support from the Lemelson Foundation, on the role investors and innovators can play in accelerating private sector investment for physical climate adaptation solutions in Kenya, Ethiopia, and Uganda. The report outlines the barriers and opportunities for investment in climate adaptation technologies in East Africa, as well as pathways for impact investors to fund innovative adaptation technologies in the sectors most impacted by the climate crisis: agriculture, health, and infrastructure."

READ MORE

"Backed by a unique database of over 255 African companies supported by I&P and insights from two decades of experience in impact investing, we highlight the critical role of formal SMEs in driving sustainable and inclusive growth in sub-Saharan Africa, how SMEs face barriers to accessing traditional financing, and how Catalytic capital offers a solution to bridge this gap. I&P shares insights on improving conditions and availability of catalytic capital, fostering collective learning for more impact investments in Africa."

READ MORE

"The report, aimed at donors, underscores the transformative potential of reevaluating funding for Enterprise Support Organizations (ESOs) and its profound impact on the sustainability and scalability of services that bolster Small and Medium Enterprises (SMEs). SMEs are vital contributors to economic growth, particularly in emerging markets, offering innovation, employment opportunities, and societal and environmental advancements. These SMEs rely on Business Development Services (BDS) provided by ESOs. However, current funding often prioritizes short-term quantity over long-term quality. The report emphasizes the pivotal role of donor relationships in fostering ESO growth and sustainable service delivery. By analyzing the growth trajectories of prominent ESOs globally and the role of donors in their development, the report provides recommendations for more effective donor engagement to enhance sustained impact. Using the metaphor of trees, it distinguishes visible aspects (services provided) from less apparent ones (culture, governance, finance, systems) and stresses the need for balanced growth across dimensions to achieve sustained impact. Shifting donor practices towards comprehensive organizational development of promising ESOs is likened to nurturing a tree for consistent, quality fruit production at significant scale over time."

READ MORE

"La inclusión financiera es fundamental para alcanzar la igualdad de género y fomentar el desarrollo económico sostenible. Al abordar las brechas existentes y brindar oportunidades equitativas, podemos fortalecer la autonomía económica de las mujeres y promover una sociedad más justa y próspera en general. El presente estudio tuvo como finalidad abordar (y profundizar) las barreras que enfrentamos las mujeres en el ámbito financiero y cómo pueden afectar nuestro empoderamiento, crecimiento y autonomía económica en España y América Latina."

READ MORE

"Blended finance solutions offer the potential to combine development capital with a variety of financial instruments such as impact bonds, concessional capital, and risk mitigation structures. We consistently see that deployment of these instruments is limited because of the inherent complexity and cost. But more so, due to a lack of awareness and standardization among capital providers. Without addressing these core issues, enterprises are deemed too risky, and the potential for social and financial returns may not be realized. Through this report, we aim to raise awareness about the importance of enabling funding for social enterprises – understanding their unique characteristics and challenges in capital raising – and articulate the key issues involved in applying blended finance to SMEs. We hope to simplify current bespoke solutions to build replicable and scalable financing solutions. We propose solutions that include building capacity of enterprises, embedding sustainability into the design of instruments, simplifying impact management, and creating open databases on blended finance transactions."

READ MORE