Naturevest is working with 20 island nations on similar deals to refinance their debt and use the savings for marine protection.
That the fund went “from conception to announcement to disbursement within less than two weeks is a sign of what is possible when everyone acts with a sense of urgency and mutual trust,” says Bugg-Levine, who has led NFF since 2011.
“Cities who have taken a resilience approach are better prepared,” says Global Resilient Cities Network’s Lauren Sorkin.
The grassroots response is moving quickly to bridge gaps as Congress haggles over a relief package that could take weeks to reach families and businesses.
A collective safety net, says Open Road's Maya Winkelstein, “will be our best chance at reducing the longer term economic effects on the sector hitting in fall, even after we are well past the public health moment.”
MCE's loan guarantee model leverages the credit of high net worth individuals and foundations to unlock capital for small and growing businesses.
As an early mover in the Dutch impact ecosystem, Social Impact Ventures is raising a €60 million second fund and plans to play an even bigger role in bridging the early-stage impact capital gap.