Uncategorized research
Updates to overview
Add visuals, like this example:
file:///Users/zakweston/Desktop/The_State_of_Blended_Finance_2020.pdf
Catalysing an Impact Investment Ecosystem: A Policymaker’s Toolkit Policy & Advocacy Enabling ventures to leverage technology for impact Demand of Capital It analyses the different enabling elements across the lifecycle of impact-tech, and focuses on recommendations to improve the global tech-for-good ecosystem Investing for a better world Supply of Capital It focuses on recommendations to strengthen the financial services value chain to meet the sustainable development goals Widening & Deepening the Market for Impact Market Builders It outlines the why and what of impact investing and presents a theory of change for widening participation and deepening practice with practical guidance on actors and levers
Exemplary overview of infrastructure finance for social development Financial Times IFC awards https://toplink.weforum.org/ project/blended-finance-network https://www.goodfinance.org.uk/tools-and-resources Coalition for Green Capital Review Catalytic capital asana project, including funds to start, investor donors, etc. Government backed sustainability bonds Alternative investment management firms Maybe the hybrid Dana Farber donate/invest fund / (Not only is this a fascinating case study, but alternative protein should be their fifth pillar! Working capital, supply chain finance, reverse factoring, revolving credit facility
Research using the Convergence resource library
Convergence has some upcoming workshops and events, submitted membership request
Need membership to access this resource: Work with development finance groups
Pull categories from BioFungible overview, table in Evernote
Designing a blended transaction requires two distinct skill sets, one being financial expertise to develop the right financial structure with appropriate risk-return profiles for funders and investors, and the other, sector-specific expertise to determine interventions that can yield the desired development impact. (Portuguese for Green Receivables Fund) - an organization with sector-specific knowledge needed to partner up with an institution bringing in the financial expertise.
Good Food Labs
This could be a model for GFRI, funded by donors and contracts
Alt protein finance labs
Alt Protein Labs
Protein Lab
GFI Labs
Identifying solutions and testing them, RCT, very EA friendly
We conduct studies of promising technical, policy, commercial model, financing, marketing, and other innovations to identify promising scaleable solutions to large-scale problems facing the alternative protein industry
Good explanations
(they are sharing their paperwork February 15 2021) , "Info for Investors" section (They work to build this field, would make an excellent interview) How we might participate in social impact bonds, development impact bonds
Eventually we could launch a fund manager, our own funds, funds of funds,
Maybe we launch the fund of funds for the catalytic part of the the capital
Bridges Fund MGMT has already invested in vegetarian company Launching business/industrial parks that are targeted to alt proteins, like at former malls (Bridges Fund Management has done this) This is the physical instantiation of the top ideas Research institute system
How do non-profits generally participate and benefit? Informs GFI role
Potential fund managers: UBS (any group that has lots of funds), OPP, Coller, Unovis, Blue Horizon, Siddhi, Align Impact, Big Society Capital, Arabella, impact investment wholesalers
Go through their full list for ideas and research Can be public/private partnerships
GFI Dev team
Gates, MacArthur, Rockefeller, Ceniarth, etc. Mention design funding grants from Rockefeller, Convergence To arrange for a bespoke knowledge exchange for your organization, email Aakif Merchant at . share with GFI Brazil as an interesting case study This depends on type of instrument: loan, equity, grant, guarantee This idea has some strong affinity with guaranteed offtakes, AMC's/guaranteed minimums, shared repurposable facilities/equipment, Ask GIIN report author or research person Sustainable Jobs Fund/ SJF Ventures Search for project finance facility We could spin out a broker/consultant/advisory firm that helps connect alt protein firms with the investment and finance products they need
We could literally get design grants to create Solutions!
In 2015, Blue Forest received an early-stage design grant from the Rockefeller Foundation’s newly launched Zero Gap Portfolio. Here, the Rockefeller Foundation was specifically looking for projects that were i) scalable and replicable across a broader market, ii) commercially viable, and iii) creative in their structuring approach. Rockefeller’s funding offered crucial support to Blue Forest as they continued to build out the model and identify investors.
Start an impact investment wholesaler for the alternative protein sector
The India Impact Fund of Funds plans to lend US$1 billion to debt funds that invest in social enterprises. The Fund seeks to fill an apparent gap in medium- to long-term unsecured debt. It will target a 9% return over its ten-year life. The Fund aims to raise US$600 million from finance-first investors (those that emphasize return) and US$400 million from impact-first investors (those that emphasize social goals and do not necessarily seek a commercial return). The Fund will approach financial institutions and members of the Indian diaspora as finance-first investors. It will approach foundations and development finance institutions as impact-first investors. It will ask the impact-first investors to take a first-loss position.
Tasks
12.23: Map out this project and its workstreams, publications I need to write or get others to write, the topical cluster, action items Promote this to the alt protein community Promote alt proteins as an investment asset class to impact, catalytic, and blended finance community Create own project in Asana 12.24: After CE-SciTech meeting: Evaluate splitting out this section into its own document Pitch this idea to Blue Horizon Could launch this with Cass, get her help with researching this area New Energy Risk (NER) helps insure technical risk for breakthrough technologies to optimize cost of capital and accelerate time to market. We should talk to them 12.25: Subtask, write 2-pager/proposal on catalytic capital for January PhaseGate Jan: This should be presented to GWS, OPP, FAIRR, Jan: Work with MacArthur, Ford, Gates, Rockefeller, Omidyar, and others to show how alt proteins are an opportunity area for catalytic capital. Omidyar Network, Blue Haven Initiative and Candide Group, both family offices, have made substantial impact investments and done significant “catalytic” work. It can also be a corporation—Prudential Join MacArthur's Catalytic Capital Consortium, Rockefeller Zero Gap initiative As part of the initiative, MacArthur is dedicating up to $150 million in investments on a matching basis to approximately five funds or intermediaries that demonstrate a powerful use of catalytic capital across sectors and geographies :text=Insurance%20companies%20are%20often%20public,which%20take%20time%20to%20change. AO doing impact investment, look up their annual report, ESG
Research to be done
Rockefeller Zero Gap initiative There was a "first global summit of all development banks" in early November, 2020. Following from that, I'm hoping to spend some time early in C1 2021 trying to figure out how to get GFI a seat at the table when their "Agriculture Cluster" next meets. Here's the Ag Cluster's statement on "" Blake did u analyze ICOs
Meatcoin
Prime roots is a great model for e-commerce (add crowdfunding) GIIN launched a Blended Finance Working Group