Our Current Impact Themes
At CommonGood, we find the interesction of the need, our passion, and our experience have lead us to these Impact themes…
For every 100 extremely low-income renter households, only 37 affordable homes are available.
The World Economic Forum points to climate action failure and environmental damage as among the highest likelihood risks of the next ten years – while the Task Force on Climate-related Financial Disclosures estimates that the lowcarbon energy transition requires around $1 trillion of investment each year for the foreseeable future.
Renewables (wind, solar, hydro, and biomass) are projected to become the largest source of electricity generation within the next five years and continue to decline in cost – while policy makers, business leaders, investors, and consumers are showing increasing alignment in reshaping energy systems.
Small-Medium Size Business Lending
The International Finance Corporation has estimated that unmet demand for SME financing in developing economies is as much as $4.5 trillion.
The critical driver of a successful middle class is growth in Small and Medium Enterprises (SMEs), yet only 17% of SMEs have sufficient access to capital.
Big & Growing
Africa’s 1.3b people currently represent 17% and is predicted to be 27% of the Global Population by 2050. Africa also has the fastest growing and youngest populace with 43% of the population under the age of 15.
The Need for Power
Power is at the heart of development. Sub-Saharan Africa alone will require over half a trillion dollars to meet its power needs.
The U.S. has the highest incarceration rate in the world with prison population of over 2 million – a 500% increase over the last 40 years.
Formerly incarcerated face tremendous difficulties in obtaining employment, lacking the necessary experience for higher paid and stable positions – combined with employer reluctance to hire or invest in those with criminal records.
Along with justice system reforms and community-based preventions programs, this trend may be reversed by removing barriers that make it harder for individuals with criminal records to turn their lives around.
Take the Next Step
If you are interested in learning more about how we are focusing our efforts, or have an Impact theme we need to look at, please contact us.