Announcing the SOCAP24 Agenda — Going Deeper: Catalyzing Systems Change!

Radical Capital Strategy

Vicky Saunders Coralus

We would like to host a fireside chat event that would bring together thought leaders, progressive investors and representatives of family offices and foundations. We would introduce our radical theory that in order to catalyze a regenerative economy, we need to flip on its head the existing Blended Finance model. Instead of charging ventures such as the ones that Coralus supports, we argue that Impact Funds should be paying the ventures for the business models they are developing. Why? Because each venture mitigates and offsets the harm being produced by the existing system – the system, which is systematically eroding the wealth of every investor. The more capital these ventures absorb, the more they are addressing our climate and social externalities, thus preventing philanthropic wealth from disappearing. Furthermore, these ventures are equally the catalysts of change in their respective industries, transitioning them towards regeneration and away from extraction. They are thus producing a significant return, for which they need to be compensated. We would like to hold a dialogue around this proposal, hearing thoughts and testing interest.

Track

Catalytic Philanthropy

Format

Fireside chat (2 speakers)

Speakers

  • NameVicki Saunders
  • TitleFounder
  • OrganizationCoralus
  • NameLaurie Spengler
  • NameChenny Xia
  • TitleCEO
  • OrganizationGotCare

Description

We would like to host a fireside chat event that would bring together thought leaders, progressive investors and representatives of family offices and foundations. We would introduce our radical theory that in order to catalyze a regenerative economy, we need to flip on its head the existing Blended Finance model. Instead of charging ventures such as the ones that Coralus supports, we argue that Impact Funds should be paying the ventures for the business models they are developing. Why? Because each venture mitigates and offsets the harm being produced by the existing system – the system, which is systematically eroding the wealth of every investor. The more capital these ventures absorb, the more they are addressing our climate and social externalities, thus preventing philanthropic wealth from disappearing. Furthermore, these ventures are equally the catalysts of change in their respective industries, transitioning them towards regeneration and away from extraction. They are thus producing a significant return, for which they need to be compensated. We would like to hold a dialogue around this proposal, hearing thoughts and testing interest.

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