Social Finance Round Up: Cleantech, Sustainable Finance, and Climate Change

SocialFinance.ca produces a weekly round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the week of March 26, 2012.

Last Week on SocialFinance.ca

Kathryn Martin posted The Credit Union Social Responsibility InfoHub

Jocelyn Ling posted an interview with Paul Herman, the HIP Investor

Anshula Chowdhury posted The Youth Social Innovation Capital Fund

Adam Spence posted A Dragon Becomes Canada’s Newest Impact Investor

Canadian and International News

MaRS announces Canada’s first dedicated early-stage cleantech venture fund at $30 million dollars.

New report on climate-linked migration from ADB includes chapter on innovative financing mechanisms, such as ‘catastrophe bonds’.

The former head of the UN Environment Programme Finance Initiative (UNEP-FI) is to launch a sustainable finance advisory boutique, The Blended Capital Group.

An Australian renewables VC fund is ready to invest US $210 million by providing start-up and early expansion capital to Australian renewable energy technology companies and assist with management skills needed to “commercialise their technologies”.

The first round of panelists at SOCAP: Designing the Future in May in Malmo, Sweden were recently announced.

The changing state of the impact investing space in the UK: Jonathan Jenkins talks about Big Society Capital, the Social Investment Business, and more.

How the ever-evolving position of women in the corporate world may affect the investing – and impact investing – space.

A response from eight global MFI CEOs to David Roodman’s March 8th article in the Washington Post that stated: “Microfinance doesn’t end poverty, despite all the hype.”

Kevin Dorse reports on the Global Alliance on Banking on Values conference in Vancouver: Talk on values-based banking draws a crowd.

SME investor GroFin expands its pool of funding to $323 million and enters three new countries. Their CEO for Africa, Guido Boysen, notes “…We have a strong foundation in place, a proven and scalable model and a firm commitment to make a lasting impact in the growth of the SME sector.”

An interesting model from the Lenz Foundation for American Buddhism of “pay it forward” which may increase the sustainability of its fund and investees.

Outcomes from the 2012 Sustainable Business and Social Innovation (SBSI) summit at Duke’s Fuqua School of Business – including new models to change business as usual in education, health and other sectors.

For the 2012 International Impact Investing Challenge, Kellogg School of Management and Haas School of Business challenge graduate students to design investment vehicles for sustainable impact.

Tom Szaky on crowd-funding in the New York Times: “What I think is certain is that when equity crowd-funding becomes law, socially responsible and sustainable start-ups will be big winners.”

New social impact bond in Australia: Westpac and the Commonwealth Bank will help develop UK-style social bonds to attract private funds into preventive programs aimed at reducing the need for taxpayer-funded foster care.

Charities will suffer from new curbs on donations, reports Craig Woodhouse in the London Evening Standard.

Social Finance Learning and Best Practices

Can Goldman Sachs and Wall Street Compete on Improving Society, Not Just Wealth Accumulation? asks Paul Herman, the HIP Investor.

“I think we are going to see a very substantial outcome in the years to come where there will be thousands of benefit corporations,” says Don Shaffer, president and CEO of RSF Social Finance.

The importance of separating social from environmental impact, and the differences in measuring the two are discussed via the second in a series of blog posts focused on environmental entrepreneurship from NextBillion.net

Go back to basics to find out what makes a B-Corporation.

Providing significant, multi-year investment in the capacity and sustainability of a nonprofit can yield social returns by increasing an organization’s services and revenue, a new NFF Capital Partners report says. (Download full report, PDF.)

The Center for American Progress presents the first of a series of issue briefs that looks at Social Impact Bonds and their value to government agencies.

National Australia Bank (NAB) in conjunction with the Centre for Social Impact (CSI) recently published research into the social and economic impacts of NAB’s Microenterprise Loans program. Sarah Adams reflects on lessons from the initial stages of the impact assesment.

Job Opportunities

Social Capital Partners is seeking an enthusiastic individual to join the team for an internship position this summer. Apply by Friday, March 30, 2012, 5PM by emailing a resume and cover letter to careers@socialcapitalpartners.ca. Please include “Internship Application” in the subject line of your email.

LGT Venture Philanthropy is looking for a Business Accelerator Consultant to work with LGT VP’s Impact Ventures Accelerator Program in Indonesia. Find out more about the opportunity and apply by April 30, 2012.

Women’s World Banking (WWB) has a number of jobs open including a Manager, Credit Products, Project Coordinator and their recently announced 2012 Summer Internships.

The Entrepreneurial Finance Lab is hiring an Account Manager for Middle East/South Asia.

ACCION USA is hiring for several positions, including Business Development intern roles in Boston and NYC (via Microfinance Gateway)

Calvert Social Investment Foundation is seeking a Compliance Officer, among several other roles.

Upcoming Events

Bridging the gap between your visionary venture and the law
30 March 2012, Centre for Social Innovation Spadina, Toronto

Journeys for Change
April 8 – 12, Mumbai

Social Venture Network 2012 Annual Member Gathering
April 19 – 22, Stevenson, Washington

The Social Enterprise Exchange
March 27, 2012, Scottish Exhibition and Conference Centre, Glasgow, Scotland

Investors’ Circle Spring Venture Fair
April 22-24, San Francisco

3rd Annual Impact Conference
22-25 April, 2012, Miami, Florida

SOCAP: Designing the Future
May 8 – 10, Malmo, Sweden

Environmental Bonds Conference
May 23, New York

Canada’s Socially Responsible Investment Conference
June 18 – 20, Montreal, Quebec

Cracking the Nut 2012 Conference
June 25-26, 2012, Enrique V. Iglesias Conference Center, Washington, DC

Partnering for Global Impact
July 9-10, Lugano, Switzerland

The Social Enterprise World Forum (SEWF) – Fórum Mundial de Negócios Sociais 2012
October 16-18, 2012, in Rio de Janeiro, Brazil

The Sustainability Review is calling for submissions in art, research, video to advance their readership’s understanding and to explore sustainability’s multifaceted and interconnected components.

Did we miss any news, insights, or events? Use the comment form below to add to this round up.

Photo credit: http://www.flickr.com/photos/benimoto/603815615/

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