Making Money Moral
How Sustainable Finance and Impact Investing Are Rebuilding the Markets as a Force for Good
by Judith Rodin and Saadia Madsbjerg
Description
The math doesn’t add up: Global philanthropic funds, even when combined with government aid, add up to billions of dollars. But solving the world’s most critical problems runs into the trillions.
In Making Money Moral: How Sustainable Finance and Impact Investing Are Rebuilding Markets as a Force for Good, authors Judith Rodin and Saadia Madsbjerg shine a spotlight on the new innovations that enable private capital to close the gap and address everything from poverty reduction to carbon emissions reduction while generating competitive financial returns for investors.
Pioneers in the field of sustainable and impact investing, Rodin and Madsbjerg offer real-world success stories of how investors of every type and in every asset class are investing in solutions being created by the world’s changemakers—entrepreneurs, public companies, philanthropies, government agencies, advocacy groups, and NGOs—with great success. They explore:
- Why investors like BlackRock, Allianz, and Fidelity have helped pave the way to expand sustainable and impact investing
- How the Seychelles, an archipelago of islands in the Indian Ocean, launched an innovative experiment to raise funding to support sustainable marine and fisheries projects and improve the livelihoods of its citizens
- How DreamBox Learning, an online K-8 math program that uses its “Intelligent Adaptive Learning” technology to adjust teaching to students’ individual learning needs, attracted a $130 million investment from TPG’s Rise Fund
- How Wellington Management’s Global Impact Bond is helping Brazil to address its challenges with contaminated water, which causes deadly diseases such as cholera
A roadmap to making the market a force for good, Making Money Moral is a must-read for those seeking transformative private capital to address a big problem, as well as those seeking to invest in big solutions.
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Author Biography
Judith Rodin is President Emerita, University of Pennsylvania & Former President, The Rockefeller Foundation. For over two decades Rodin led and transformed two global institutions: The Rockefeller Foundation and the University of Pennsylvania. A ground-breaking executive throughout her career, Dr. Rodin was the first woman named to lead an Ivy League Institution and was the first woman to serve as The Rockefeller Foundation’s president. A research psychologist by training, she was one of the pioneers of the behavioral medicine and health psychology movements. Rodin has championed two whole new fields that are now pervasive: resilience and impact investing. Dr. Rodin’s leadership ushered The Rockefeller Foundation into a new era of strategic philanthropy. At Penn, Dr. Rodin presided over an unprecedented decade of growth and progress that transformed the institution, its campus, and the community, taking the university from sixteenth to fourth in U.S. News and World Report national rankings. Rodin has served as a member of the board for several leading corporations and many non-profits. She has authored more than 250 academic articles and chapters, and has written or co-written 15 books.
Saadia Madsbjerg, as Managing Director at The Rockefeller Foundation, led the Foundation’s work on Innovative Finance. Her responsibilities included developing next-generation finance mechanisms and large-scale blended finance funds that mobilize private sector capital towards the Sustainable Development Goals. Madsbjerg has been featured in numerous publications such as the Financial Times, Bloomberg, BBC, and the Wall Street Journal Live, among others, and frequently speaks at industry and finance events to advance the idea of innovative finance as a mainstream instrument of social policy. She is a frequent author, having contributed pieces to Foreign Affairs, Project Syndicate, Fortune.com, Business Insurance, and many other publications.
University of Pennsylvania Press
Founded in 1890, the University of Pennsylvania Press is one of the oldest scholarly imprints in North America. Penn Press publishes rigorous and thought-provoking work in the humanities and social sciences designed to advance knowledge, dialogue, and understanding.A member of the Association of University Presses, the Press now publishes upward of 140 new books and periodical issues a year, with an active backlist of more than 3000 titles. The Press also publishes 19 academic journals, mostly in the humanities.Areas of special interest include American history and culture; ancient, medieval, and Renaissance studies; anthropology; landscape architecture; studio arts; human rights; Jewish studies; and political science.
View all titlesBibliographic Information
- Publisher/Imprint University of Pennsylvania Press / Wharton School Press
- Publication Date February 2021
- ISBN/Identifier 9781613631102
- FormatPaperback
- Primary Price 19.98 USD
- Pages150
- ReadershipGeneral
- Publish StatusPublished
- Original Language TitleEnglish
- Edition1
- Copyright Year2021
- Dimensions5.5 x 8.5 inches
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