The investments were all predicated on Indigenous ways of working and were seeded through an Indigenous solutions lab that centered the community’s priorities and assets and brought together disparate actors in the ecosystem (communities, scientists, government, private actors). These were also anchored in Indigenous ceremony and centered the community voice in the solutions space, as they knew best what would work. This counteracts traditional programming approaches and solutions imposed by external actors (especially governments) onto communities. There were several investment partners from various mission-aligned investors. Governments at various levels contributed to the projects, paying for specific public outcomes. Additionally, philanthropic capital from several foundations to support education, design and early engagement work. Key investors were Boann Social Impact, Lawson, Sorenson and Definity Foundations. Key purchasers were Canadian Mortgage and Housing Corporation, Efficiency Manitoba, Employment Canada, Manitoba Health and many other financial partners. The goals of the outcome contracts were to achieve dramatic and sustainable outcomes in Indigenous communities. These included energy savings, electric grid systems savings, creating jobs in the community, health care systems savings and improvement in quality of life. They were also designed to pilot and scale. Raven mobilized the private capital and now mobilizes it through a first-of-its-kind Indigenous Outcomes Fund (GP/LP structure). Raven also holds the outcomes purchase contract with government agencies and departments to purchase the verified outcomes. Raven then returns capital to investors through the fund (target 4 percent-7 percent ROI). Japan Corporate Partnerships through Philanthropy and Innovation The Nature Conservation Society of Japan (NCSJ) has worked in partnership with many corporations and other international nongovernmental organizations. Highlight projects include: Since 2021, The Nature Conservation Society of Japan (NACS-J), World Wildlife Fund (WWF) and World Resources Institute (WRI) is working in partnership with HSBC through the US$100 million Climate Solutions Partnership to use forest management to foster improved environment for carbon storage in forest. 70 Specific focus areas include:1) Energy transition through work with partners to shift towards renewables and scale efficiency initiatives to key sectors—such as healthcare, textiles, and apparel; 2) Nature- based solutions: supporting projects to protect and revitalize wetlands, mangroves and forests, and to promote sustainable agriculture; 3) Business innovation to support start-up firms and next-generation technologies to develop new approaches to cutting carbon emissions. These firms often face challenges in accessing finance and business mentoring to scale. Using WWF’s Impactio collaboration platform, the partnership will support 183
Ten Years in the Making
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