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How tax credits and social finance are building a healthy future for Nova Scotians

Diane Bérard

July 24, 2023 |

Future of Good |

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1500-3000 Words

Response Location: Canada, Nova Scotia

Novia Scotia, Canada, created community economic development investment funds with a 35% tax credit to investors to help small businesses that need capital but don’t qualify for bank loans. The cooperative FarmWorks brings together investors and farmers using this funding method to provide loans that will directly support the local food network.

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Moved by Experience: PWD-led Initiative is Building Safe Space for Persons with Disabilities in Borno

Yahuza Abdulkadir

June 28, 2023 |

BONews |

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800-1500 Words

Response Location: Nigeria, Maiduguri

Via educational workshops, the provision of mobility devices, and entrepreneurial support, a Polio-survivor-led initiative in Nigeria is reducing stigmas about disabilities and helping eradicate polio diseases. Since 2017, the crowd-funded group has assisted more than 200 people with disabilities and reduced the number of folks who have to ask for alms on the streets.

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Wage Boosts for Local Workers

Natalie Pompilio

June 06, 2023 |

The Philadelphia Citizen |

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1500-3000 Words

Response Location: United States, Scranton, Pennsylvania

The city of Scranton, Pennsylvania, used some of its money from the American Rescue Plan Act to create a Wage Boost Grant for local businesses. The grant is used to raise hourly wages for two years allowing the business to save up money to keep the higher hourly rate after that. These raises are critical for small businesses trying to retain employees.

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How an $18.6 million dollar fund helps community organizations beat speculators and own their own spaces

Diane Bérard

June 06, 2023 |

Future of Good |

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1500-3000 Words

Response Location: Canada, Quebec

More than twenty partners in Quebec (including public and private investors, philanthropic foundations, and labor funds) have joined forces to develop a suite of loan programs designed to help social-purpose organizations beat rent inflation and increase their ability to provide community services. The initiative helps qualifying organizations make real estate purchases quickly, rather than risk losing their existing spaces to other buyers while trying to arrange financing. To date, more than 30 social-purpose entities have already received financial assistance and the program is attempting to expand.

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Bangladesh tests climate finance for disaster-hit communities

Tahmid Zami

May 30, 2023 |

Context |

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800-1500 Words

Response Location: Bangladesh

Several organizations provide financial support like green bonds and insurance to farmers in Bangladesh to help protect them from crop loss caused by climate change disasters.

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Philippine tribe boosts livelihoods and conservation with civet poop coffee

Bong S. Sarmiento

April 18, 2023 |

Mongabay |

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1500-3000 Words

Response Location: Philippines, Mindanao

Members of the B’laan ethnic group in a community in the Philippines are improving their livelihoods by foraging for coffee beans excreted by wild palm civets. They can sell the beans at a premium price because they are used to make a luxury coffee brew. And the practice encourages the locals to protect the wild animals, which benefits the ecosystem, too.

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Rice Insurance helping Rwandan Farmers Overcome Climate-Induced Losses

Jeanne d’Arc Munezero

April 15, 2023 |

Panorama |

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800-1500 Words

Response Location: Rwanda

Rwanda’s National Agriculture Insurance Scheme helps farmers access financial protection for their crops to provide income security in the face of climate change events that can ruin harvests.

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In Brazil, 'bioeconomy' initiatives offer hope of a less destructive future

Fabio Teixeira Laurie Goering

April 14, 2023 |

The Japan Times |

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800-1500 Words

Response Location: Brazil, Rio de Janeiro

Conexsus provides financial, technical, and mentorship support to cooperatives and small producers in the Amazon rainforest with the goal of shifting investment and resources to sustainable “bioeconomies” often managed by Indigenous communities. One such cooperative, Coopatrans, has been able to improve its relationships with farmers thanks to credit from Conexsus assuring payments can be made on time.

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Trans shelter residents are upcycling discarded flowers to fund their healthcare

Ashish Kumar Kataria

April 04, 2023 |

LGBTQ Nation |

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800-1500 Words

Response Location: India, New Delhi

Residents of Garima Greh, an organization that provides transgender people with housing and necessities in New Delhi, started a small business making potpourri from the flowers discarded by local temples. They use the funding to pay for necessary medical expenses and gender-affirming care.

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The Benefits of Greening Affordable Housing

Erica Sweeney

March 30, 2023 |

Next City |

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Under 800 Words

Response Location: United States, Denver, Colorado

The Denver-based Triple Bottom Line Foundation funds projects to retrofit low-income, multi-family properties that house underserved groups. The projects include energy-efficiency upgrades, solar power installations, and weatherization upgrades among others.

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