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The Brief

Read by thousands of impact pros daily

May 16, 2024 | ImpactAlpha

Greetings Agents of Impact!  👋 The Call: A guide to investing in livelihoods and access for emerging market households. When there’s pressure to

Today’s brief

Featured: Feminist Finance

Valuing the 'invisible' work of women to build resilience in the face of climate change. Four trillion dollars. That’s how much counting and valuing the informal and unpaid work of women in Asia alone would add to the global economy. Accounting for women’s contributions to childcare, home healthcare, domestic work and livelihood businesses is an essential strategy for bridging persistent financing gaps for women and girls. “Care is such a strong lever for gender equality,” observed Sana Kapadia of 2X Global and Heading for Change at last week’s Feminist Finance Forum in Bangkok. “Without having a functioning care economy from early childhood all the way to aging, so much of what we’re doing to shift the narrative and social norms on gender just is not going to happen.” (Disclosure: Heading for Change supports ImpactAlpha’s coverage of climate + gender.) The forum, hosted by the UN’s Economic and Social Commission for Asia and the Pacific, convened close to 400 policy makers, investors, entrepreneurs, development finance specialists, and civic organizations to address gender disparities in the economy and finance in Southeast Asia. 

Dealflow: Low-carbon Transition

Carbon13 invests in a half-dozen startups tackling emissions and waste. The half-dozen startups in climate tech accelerator Carbon13’s latest cohort will receive £120,000 ($152,000) in pre-seed investment as part of its 20-week Venture Launchpad program. Eslando works with brands to create a digital “relabel” identifying a garment’s materials and certifications to match it with textile recyclers at the end of its life. Carbon Cell makes industrial foam out of carbon-sequestering biochar to replace polymer-based foams for packaging and construction. Remy offers an AI-based app that helps households cut down on food waste and save money. 

Signals: Returns on Inclusion

In face of attacks on DEI, John Hope Bryant makes the case for 'the big tent' economy. Goldman Sachs, Bank of America and other ostensible leaders of Wall Street are retreating on diversity, equity and inclusion, or DEI. John Hope Bryant of Operation Hope is mounting an offensive. America’s “individual and collective success has literally been built on immigrants and our diversity,” Bryant wrote in “The business plan for America: A case for the Big Tent,” a six-point memo that argues that diversity drives US economic growth. Bryant took his pro-diversity, pro-economy, financial literacy message to a closed-door, off-the-record meeting at last week’s Milken Institute global conference. The choice on Wall Street and among other institutions “to refuse embracing diversity and inclusion is the equivalent of jeopardizing the wellbeing of our children and grandchildren,” says Bryant.

Agents of Impact: Follow the Talent

Mattie Bekink, formerly with the Economist Intelligence Unit, joins Ford Foundation as regional director for China. Bekink succeeds Elizabeth Knup, who joined The Carter Center… New Hampshire Community Loan Fund promotes Sarah Marchant to chief operating officer… Capria Ventures promotes Mobola Da-Silva to partner… Elle Carne, previously with Women in Bio, joins the Employee Ownership Expansion Network as director of operations.

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