Dana Bezerra tapped to lead F.B. Heron Foundation

The foundation is known for directing 100% of its $250 million in assets toward its mission of helping people and communities help themselves out of poverty. Bezerra will succeed Heron’s outgoing president, Clara Miller, on December 31. Bezerra came to Heron in 2006 from Merrill Lynch. She has been active in deal-sourcing, syndicating capital, and cultivating

One person’s waste is another’s $2 trillion opportunity

At least two billion people worldwide still lack access to solid waste collection. Methane emissions from municipal solid waste management contribute 12% of global methane emissions and 5% of global greenhouse-gas emissions. Rising incomes compounds the problem, as people tend to generate more waste as they earn more. Globally, the $1.5 trillion waste management market

Leapfrogging car-ownership in India

How big an opportunity is India’s transition to an “electric mobility system”? The Indian government is seeking to transition the country’s automobile stock to 100% electric by 2030. That could represent growth and savings of $330 billion, according to “Enabling the Transition to Electric Mobility in India.” The report from the Federation of Indian Chambers of Commerce

ReNew Power buys $154 million in Indian wind projects

The Gurgaon-based renewable energy developer is buying the renewable energy division of KC Thrapar Group — a group of companies with a history in the coal sector. ReNew, which is backed by Goldman Sachs, is on a buying spree in India’s renewables sector, spurred by the government’s push to secure 60% of India’s power from non-fossil fuels-based sources

Kauffman Foundation puts up $1.2 million for microlending to underserved entrepreneurs

The U.S. economy could add a million businesses and 9.5 million jobs if minorities started and owned companies at the same rate as whites, according to the Kauffman Foundation. The entrepreneurship-focused foundation will make grants of $300,000 to each of four microlenders in Kansas City, Missouri, including AltCap, Women’s Business Center, KC Hispanic Economic Development

Take more risks, and four other venture-philanthropy takeaways

Investors, grant-makers, banks and business schools, met in Oslo earlier this month to boost capital flows and ecosystem support for social ventures taking on global challenges. Here are five provocative takeaways on risk, scale and capital deployment from the annual conference of the the European Venture Philanthropy Association. Stop worrying so much about risk. We’re

Trillion-dollar question: How are the world’s biggest asset owners playing the risks ahead?

ImpactAlpha, Nov. 21 – No sooner had we recorded the latest episode of ImpactAlpha’s Returns on Investment podcast than Norway’s trillion-dollar sovereign wealth fund proposed dropping oil and gas companies from its index and its portfolio. Imogen Rose-Smith called up and graciously agreed to score one for me. In our heated (but always friendly!) roundtable