Title: Using Social Finance to Catalyze Place-Based Change
Organizer: The Tamarack Institute
Date: January 23, 2024
In the midst of intersecting and compounding crises, there is a pressing need for financial tools that drive positive change at the speed and scale demanded of us. Social finance has been used by communities around the world for years to balance financial returns with social and environmental impact.
This webinar recording features a conversation about the increasingly important role of social finance in igniting and sustaining local collaboratives.
Speakers:
- Jorge Garza, Tamarack Institute ([ Ссылка ])
- Cheralyn Chok, Propel Impact ([ Ссылка ])
- Monica Chaperlin, Business Community Anti-Poverty Initiative (BCAPI) ([ Ссылка ])
- Nicole Dawe, Community Foundation of Newfoundland and Labrador ([ Ссылка ])
- Victor Beausoleil, Social Economy Through Social Inclusion (SETSI) ([ Ссылка ])
Have questions? Contact Jorge Garza (jorge@tamarackcommunity.ca)
Learn about upcoming webinars at [ Ссылка ]
Overview of webinar:
00:00 Land acknowledgement (Jorge Garza)
02:59 Introduction to speakers (Jorge Garza)
04:14 Question 1, for Victor: We often hear thought leaders refer to social finance and social economy as key concepts in community economic development. What is the distinction between these two concepts? In your experience, what are the conditions that need to be in place in order to drive effective social finance & place-based partnerships with communities? (Jorge Garza, Victor Beausoleil)
10:12 Question 2, for Cheralyn: Can you tell us more about how organizations in the social innovation and social finance ecosystem operate and how they interact with each other? What programs does Propel Impact offer to individuals and organizations who are curious to dive into social finance? (Jorge Garza, Cheralyn Chok)
14:23 Question 3, for Nicole: Based on your relationships with communities, why does place matter when we talk about achieving more equitable outcomes and how do you see social finance embedded into local partnerships? What is needed to cultivate mutually reinforcing partnerships that support community-led solutions? (Jorge Garza, Nicole Dawe)
20:38 Question 4, for Monica: What are some takeaways from your experience mobilizing business leaders to support anti-poverty work in your community and what can the social finance and community sectors learn from the unique partnerships that the Business Community Anti-Poverty Initiative has developed in Saint John, NB? (Jorge Garza, Monica Chaperlin)
30:07 Question 5: Moving forward, what are some emerging trends that you are noticing on how social finance and community-led initiatives can collaborate to achieve more impactful, equitable, and sustainable outcomes? (Jorge Garza, Nicole Dawe, Victor Beausoleil, Cheralyn Chok, Monica Chaperlin)
41:00 Question 6, from a participant: Are there successful examples of social finance supporting place-based climate action, that you’re aware of? (Jorge Garza, Victor Beausoleil)
42:20 Question 7, from a participant: Are there any existing impact frameworks you believe best accentuate the power of community? (Jorge Garza, Monica Chaperlin, Victor Beausoleil)
43:22 Question 8, from a participant: On the topic of universities, how would the structure of shifting 1% of university endowments [to social finance initiatives] look like? I see it coming from their operating funding from provinces. (Jorge Garza, Cheralyn Chok, Victor Beausoleil, Monica Chaperlin)
47:16 Question 9, from a participant: Are you aware of any policy interventions that have helped social finance thrive in communities? (Jorge Garza, Victor Beausoleil)
50:20 Question 10, from a participant: Does Cheralyn have any other insight for how to introduce social finance concepts to youth and young entrepreneurs? (Jorge Garza, Cheralyn Chok)
52:30 Closing announcements (Jorge Garza)
