Impact investment, the support of social and environmental projects with a financial return, is the world’s hottest trend in philanthropy and development. It is poised to eclipse traditional aid by ten times over the next decade with over $1 Trillion dedicated to the practice globally.
Yet for all the excitement over impact investment, there is work to do to ensure it actually realizes its potential. Will impact investment empower millions of people worldwide, or just replicate the same challenges of the aid industry and other anti- poverty approaches?
Over the last decade, Morgan Simon has influenced over $150B in capital. As co-founder of three of its leading organizations — the Responsible Endowments Coalition, Toniic, and Transform Finance—she has become one of the most respected voices in the field. Given we are all connected to financial institutions, we all have the potential to make real impact.
In this book, Simon introduces Transformative Finance, explaining how and why she developed it, showing where it is working, and offering guidelines for investors, entrepreneurs, activists, and everyday people to contribute to social change.