Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Capital on the Frontier Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Frontier Finance Best Practices Geographies
Slack Agent of Impact Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe Log In

Luminate injects $4 million in anti-corruption organization Global Witness

ImpactAlpha, April 15 – U.S. and Europe-based Global Witness undertakes investigations in transnational corruption, covering abuses in everything from oil and mineral extraction to forest lands. Citizen engagement funder Luminate, an Omidyar Network spinoff, is backing the 26-year-old organization with $4 million in core funding to expand its investigation capacity. The grant is a follow-on to Luminate’s $4.8 million commitment to Global Witness three years ago.

“Many countries are blessed with a natural inheritance that can, under the right circumstances, be a motor for sustainable economic and social development. But time and again, this is not the case,” Luminate wrote in the Global Witness funding announcement. Global Witness’s “hard-hitting investigations,” it says, provide transparency and often lead to litigation, policy action and regulatory reform. 

Luminate provides a mix of investments and grants to organizations addressing civic empowerment, data and digital rights and financial transparency, as well as independent media groups. The organization was founded last year when Omidyar Network spun-off its governance and citizen engagement initiative as part of a strategy to independently launch its long-standing investment groups. Luminate was the second spin-off from Omidyar Network, following the formation of Spero from its emerging tech group. (It has since spun-off a third, forming Flourish from its its financial inclusion group.)

Luminate’s current portfolio includes 131 organizations. Overall, it has supported 236 organizations with $306 million in funding.

You might also like...