What will social finance look like a decade from now? 12 leaders share their predictions
Why It Matters
The next 10 years will be critical to solving some of the worldโs toughest problems. Climate change mitigation has a looming deadline (certainly within a decade). Poverty, food insecurity, and gender inequity are on the rise post-pandemic. And 2030 is the deadline for the UNโs Sustainable Development Goals. How will social finance contribute to solutions over the next decade?
For anyone in the social impact world, it might be difficult to remember a time when social finance and impact investing werenโt household terms โย but in the grand scheme, these are fairly new concepts with room for growth and change.
In fact, it was only ten years ago that SiG (Social Innovation Generation) spearheaded the implementation of a Task Force on Social Finance, to look at international examples of social financeย and budding Canadian examples,ย and map out a way to scale this new sector with governments, philanthropy, and private sector.ย
In partnership with MaRS for Impact Week 2020, and to mark the 10-year anniversary of the Task Force on Social Finance, we spoke with twelve of todayโs leaders in social finance and impact investing about what the next 10 years will bring. All the leaders we spoke to said they see social finance moving into t
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