What 2024 holds for social finance

Why It Matters

Through solutions journalism, Future of Good highlights what might go right tomorrow and who’s showing the way in the social finance ecosystem. With a critical eye, we keep the reader up-to-date on how finance is being shaped to be a tool, not an end.

Canada’s Social Finance Fund’s first investment champions outcomes financing

Why It Matters

Over the last decades, a vast amount of federal money has been injected to address socio-economic issues. However, there have yet to be outstanding successes in changing the trajectory of socio-economic indicators, such as overall health, education and environmental issues. Outcomes financing might be a valuable tool to address some of these challenges.

From B.C.’s Connect Money Impact: 5 key ways to channel your money to transform communities

Why It Matters

There is no shortage of social enterprises tackling Canada’s most pressing issues, but the funding to make it happen needs to have an inclusive lens to truly help communities make change.

Nature Investment Hub hopes to generate $20B for natural land conservation and restoration in Canada

Why It Matters

In 2022, the United Nations adopted the first multilaterally agreed definition of Nature-Based Solutions (NBS). This December will see Cop 28, the international conference to assess progress on the 2015 Paris Agreement goals to combat climate change. It will include the launch of the first State of NBS report. NBS can save more CO2 annually than the emissions from the entire global transportation sector and reduce the intensity of climate hazards by 26 per cent.