Keeping Risk Above Water Part 1: Can Mission-Related Investing Be Used for Disaster Response & Recovery?

Thus far the costs of Hurricane Sandy are estimated as high as $60 billion: $20 billion in property damages and $10 billion to $30 billion more in lost business, with an overall impact on the economy for the fourth quarter of 2012 near .6 percent point. As New York City and the surrounding region struggles to recover from personal and public loss in the wake of Hurricane Sandy, how can Foundations and Donors, those who will be called upon in times of crisis, think about investing in a more secure and sustainable future, keeping in mind not only the importance of response, but recovery?

 

Truth be told, there is not much mission-related investing in disaster recovery. However, the need and the opportunities are enormous. Given the likelihood of future climate-related disasters, it doesn't seem too soon to consider how we can go beyond grantmaking, bringing investment dollars to the table in our ability to respond to these events. In this webinar we will hear from three field-builders who will share their insights about how mission-related investing might be able to be used to address circumstances related to natural disasters. We will discuss opportunities being created by Federal HUD; the role of community development finance institutions; and rebuilding for sustainability.

 

A Philanthropy New York Collaborative Program with Confluence Philanthropy.

This program is "Partially Open."

 

 

All interested funders.