Endorsing Social Finance
Social finance could be the most important social innovation of our time. The space holds potential to cultivate many, many, responses to the most pressing, current societal questions. As a social innovation itself, social finance will enable the open-endedness necessary to catalyze a diversity of innovations.

Three weeks ago, the Canadian Task Force on Social Finance released a report that maps out a framework for moving social finance forward. While written to address the Canadian landscape, Mobilizing Private Capital for Public Good is a report we recommend to anyone contemplating the fusion of social purpose and finance. The task force is inviting endorsements of the report and as a result is continuing to build a growing community of interested organizations and individuals.

With $30 billion of social finance reportedly seeking social investment opportunities in Canada the space is clearly not to be trifled with. That being said, there is much work to be done to bring all this to bear.

The report itself states, "Our challenge now is to strengthen this emerging marketplace by mobilizing capital and putting in place the intermediary institutions, frameworks and regulations that will more efficiently connect the best people and the most innovative ideas to the private capital they need to tackle complex societal problems, create jobs and strengthen communities." Read More