Renjie Butalid

I found the video above of a recent lecture given by Antony Bugg-Levine of the Rockefeller Foundation, when he came to visit MaRS in Toronto back in early April, to be one of the most insightful and compelling talks on impact investing and social finance that I have come across.

If you are currently working in the private capital investment sector or perhaps with a non-profit or charity organization, interested in social enterprise and sustainable revenue generating models, I would highly encourage you to take some time out of your day to watch this video. It may change your perspective on the traditional view of only using the for-profit model to make money, while only using the charity and non-profit model to address social problems.

In this day and age, where the problems we are facing are accelerating at a pace and complexity never before seen in history, it is evident that we require new approaches and tools that will enable us to tackle these problems at their scale and level of complexity. In the coming decades, experts have noted that we will begin to see rapid systemic changes on many levels, from the weakening of national public institutions, widening gaps between rich and poor, increasing scarcity of energy, and worsening damage of our environment as a result of climate change.

With this in mind, how are we to tackle many of these emerging globally complex problems, given the traditional models of charitable giving and our reliance on government to solve these issues for us?

The simple answer is that we cannot, given the current tools that we have at our disposal.

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