The Era of Philanthrocapitalism


Foundation: Gates Foundation

Due to the financial crisis of 2008, Wall Street and the financial sector are viewed as the bad guys by large parts of the country, especially those occupying the lower classes of life. To go into finance is seen as selling out. Yet the financial sector plays an important role in allocating funds to their most efficient uses as well.

Enter the idea of the philanthrocapitalist. By coupling the raw horsepower of capitalist strategies with social benefaction, innovators can enrich both themselves and society, instead of at society's expense. The Nature Conservancy is a prime example of this paradigm, using flood insurance programs to finance conservation efforts. The lesson here is clear: Solving the world's most difficult problems may depend on the collaboration of the best and the brightest of both the public and the private sectors.
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Foundation: Rockefeller Philanthropy Advisors

Atlanta-based Souls Grown Deep Community Partnership (SGDCP) has recently announced that it will be committing $1,000,000 to impact investments. The partnership is the sister organization to...more

Rockefeller Foundation Launches New Climate and Resilience Initiative
Foundation: Rockefeller Philanthropy Advisors, Rockefeller Foundation

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Focus on Climate Change from Philanthropy

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Students Design Innovative Solutions For Global Problems

GEMS Innovation Awards 2019's Global Innovation Challenge recognizes students who have submitted the most innovative projects to address and solve problem areas that include disaster resilience,...more

Climate Apartheid: Global Warming Will Hammer the Poor

A United Nations report announced that climate change will impact people in poverty more than the wealthy. Research experts calling this climate apartheid, where the world's elite can pay to escape...more

Oxford Researchers Look to Tackle Multidimensional Poverty

The Oxford Poverty and Human Development Initiative (OPHI) researchers launched a multidimensional poverty index, the Business Multidimensional Poverty Index (bMPI). OPHI decided to spin out...more

Without Immediate Climate Action, Economic Growth Will Stall

British economist Nicholas Stern warns that if there's no active climate action, countries can face economic decline. Speaking at an innovation forum that was part of London Climate Week events,...more





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Edited by: Michael Saunders

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