SPONSORED ROUNDTABLE: Philanthropy in Latin America
Sep 1, 2009
PARTICIPATING IN THE DISCUSSION: Alvaro Rodriguez, Founder, IGNIA; Shari Berenbach, Executive Director, Calvert Foundation; Christine Eibs Singer, Co-Founder and CEO, E +Co; Namrita Kapur, VP of Strategic Partnerships, Root Capital; Vibhuti Sharma, Global Head of Development Organizations, Standard Chartered; Michael Thomas Derham, LatinFinance
The process of accessing capital to benefit social and environmental causes in Latin America goes by many names — impact investing, patient capital, philanthropic financing — even “charity.” Whatever it’s called, experts agree that social investing is still an uphill battle — but one that a hardy and diverse group is still fighting.
LatinFinance assembled a panel of these experts to discuss the challenges and opportunities of social, environmental, and philanthropic investing in Latin America today. The panel agreed that in today’s economic environment, risk appetites have diminished, but the need for social impact investing has never been greater.
Philanthropy Today: Impact of the Economy
It was unanimous: since the fall of Lehman Brothers in September 2008, there is less capital available to invest in social and environmental causes. But that’s not the only change impacting the social investing world. ...
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