{"id":475,"date":"2023-07-20T18:15:43","date_gmt":"2023-07-20T18:15:43","guid":{"rendered":"https:\/\/fairfoodnetwork.org\/2022impact\/?p=475"},"modified":"2023-07-28T12:50:14","modified_gmt":"2023-07-28T12:50:14","slug":"our-commitment-to-community-first-impact-investing","status":"publish","type":"post","link":"https:\/\/fairfoodnetwork.org\/2022impact\/our-commitment-to-community-first-impact-investing\/","title":{"rendered":"Our Commitment to Community-First Impact Investing"},"content":{"rendered":"\n\n\t

Highlight<\/p>\n

\n\t\tOur Commitment to Community-First Impact Investing \n\t<\/h1>\n\t

with Fair Food Fund<\/b><\/p>\n\t\t\t\t\"Michigan\n\t

Michigan and Northeast United States<\/p>\n\t

Wealth inequity in America is extreme. Despite good intentions by impact investors and a range of creative strategies, capital is still not reaching everyone equally, especially communities of color, with dangerous implications for the future of our society and planet.\u00a0<\/p>\n\t

As investors continue to navigate the many disparities exacerbated by the COVID crisis and increasingly by extreme climate events, business as usual simply isn’t enough. Impact investors need new approaches more deeply rooted in the communities where capital is not already flowing.\u00a0\u00a0<\/p>\n

A subset of impact investors is seeking bold change. Underlying their thinking, which includes a deep commitment to racial justice, is a shift away from the traditional capital-first mindset. This change is grounded in the fact that capital is an expression of relational, structural, and personal power. Though often not visible, these power dynamics are root causes of wealth gaps. And power won’t shift unless we change how we invest.\u00a0<\/p>\n

A community-first mindset is becoming central to the impact investing strategies of Fair Food Network. We and other community-first investors are working to re-design catalytic capital tools with new consciousness of the role that power has played in perpetuating and worsening inequities. At Fair Food Network, this consciousness is unfolding both through its own investments and its efforts fostering two place-based investing collaboratives, Michigan Good Food Fund<\/b> and the Camden Food Fund<\/b>, which are coordinating local stakeholders and institutional balance sheets to advance community-identified priorities.\u00a0<\/p>\n

As a founding partner in both of these initiatives, Fair Food Network has led the effort to coordinate local stakeholders and leverage institutional balance sheets to advance community-identified priorities. Both of these efforts are works in progress, journeys built around community-first values and learnings from the work of many other impact investing colleagues. Fair Food Network’s aims are twofold: to design the structure for new place-based community-first funds, and to unpack and reconfigure how power in its existing funds flows toward community-first values.<\/p>\n

 <\/p>\n

Read more in our article in ImpactAlpha<\/a><\/strong> or in this full report<\/a>.\u00a0\u00a0<\/strong><\/p>\n\n","protected":false},"excerpt":{"rendered":"

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