Building the Impact Economy Our Future, Yea or Nay
This book develops a comprehensive framework for creating sustainable new business approaches on a massive scale. It relates the power of entrepreneurship, investment and technology to four areas in which progress is urgently needed to get out of the
- PDF / 3,338,554 Bytes
- 238 Pages / 453.543 x 683.15 pts Page_size
- 48 Downloads / 214 Views
Building the Impact Economy Our Future, Yea or Nay
Building the Impact Economy
Maximilian Martin
Building the Impact Economy Our Future, Yea or Nay
123
Maximilian Martin Geneva Switzerland
ISBN 978-3-319-25602-3 DOI 10.1007/978-3-319-25604-7
ISBN 978-3-319-25604-7
(eBook)
Library of Congress Control Number: 2015952536 Springer Cham Heidelberg New York Dordrecht London © Springer International Publishing Switzerland 2016 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer International Publishing AG Switzerland is part of Springer Science+Business Media (www.springer.com)
To my children Hara and Emanuela, and our family In the honor of our ancestors To those we love and those who love us And to those who follow If we want them to have a history, it is time to make it
Foreword by Bishop
In the aftermath of the financial crash of 2008, it was hard to believe that capital markets, or capitalism itself, could help make the world a better place. Yet in the years since then, a movement has been building, slowly at first but now gathering pace, founded on the conviction that it is not only possible for the capital markets to be harnessed to do good, but essential if the major challenges now facing the world are to be tackled successfully. The phrase most often associated with this movement is “impact investment,” meaning investment that simultaneously seeks to generate a financial return and deliver a demonstrable social and/or environmental benefit. In only a few years, impact investing has produced new sorts of companies, B Corps, some of them already worth over a billion dollars each. A new financial instrument, the pay for success “social impact bond,” is catching on fast enough to encourage hopes that it could be the killer app that brings private capital usefully into areas now limited to nonprofit organizations and governments. There has even been a task force (of which I was the official report author) established by the governments of t
Data Loading...