tbli europe 2015 - responsible invstment banking - arthur wood
TRANSCRIPT
Credit: Steven Feather, Flickr
TBLI - November – 2015 Arthur Wood – Founding Partner TOTAL Impact Capital
www.totalimpactcapital.com
Securities offered through Growth Capital Services, member FINRA, SIPC. 582 Market Street, Suite 300, San Francisco, CA 94104
THE KEY MESSAGES
• THE SCALE OF THE PROBLEMS WE FACE AND THE INADEQUACY OF THE CURRENT SOCIAL CAPITAL MARKET DESTINED TO FAIL
• IMPACT INVESTING IS SIMPLY THE INJECTION OF EXISTING CAPITAL MARKET TOOLS TO CHANGE INCENTIVE STRUCTURE
• SOME OF THESE TOOLS ALLOW A TRANSITION FROM TRADITIONAL BILATERAL MODELS – INPUT (THE UN 0.7% ) AND OUTPUT MODELS (BI – LATERAL PROGRAMS)
>>>TO TRUE MULTILATERAL MULTIRETURN COLLABORATIVE SOLUTIONS = OUTCOME MODELS
• TWO KEY MARKET DRIVERS – PRIVATISATION OF SOCIAL GOODS BY GOVERNMENT AND CORPORATES MOVING BEYOND CSR
• MEETING CIVIL SOCIETY INNOVATION (SOCIAL ENTREPRENEURSHIP / IMPACT INVESTING) AND GROWTH
• SAME DRIVERS AS ANY OTHER MARKET – THE MOVE TO INNOVATION, COLLABORATION AND ECONOMIES OF SCALE (ICE)
‹Nr.›
INNOVATION ACROSS THE VALUE CHAIN - THE BUILDING BLOCKS OF THE IMPACT INVESTING MARKET
CAPITAL MARKET INNOVATION– Impact Investing – Injecting Modern Capitalism into Social Market
OUTCOME MODELS - Multistakeholder collaborative cross sectoral collaboration
INTERMEDIARY STRUCTURES – Capable of Blending Different Sources of social capital
LEGAL Structures – Corporate (B Corp / CIC) and Partnership Structures (L3C / SELLP)
ENTREPRENEURSHIP – Social Entrepreneurship - the R&D of Society
DIALOGUE and DATA – WIN / WIN - Leveraging Civil Society and Corporate Expertise & Big Data
Grants Recoverable Grants Investment Plus MainstreamInvestments
no financial return blended market returns market return
Programme Related Investment
Sources: TIA / Lloyd / Bolton