Building a Restorative Economy

photo by Niel Thomas l Unsplash

"Colonization and an economy focused on the accumulation of wealth, has led us to a world that fundamentally commoditizes people and planet leading to the Inequity and Climate Chaos that we face today."

~Laina Raveendran Greene

"The system is clearly not broke, it was rigged to benefit the few at the expense of people and the planet. Unless we recognize that we cannot use the same system that created the problems to solve them as well, we will never make the necessary systems change."

~ Rodney Foxworth

What does take to build a restorative economy?

by Laina Raveendran Greene

Restorative economics centers on healing and restoration of vulnerable communities who have been marginalized and oppressed by a polluting and extractive economy by investing in strategies that create shared prosperity and self-determination for a just transition to the next economy,” says Nwamaka Agbo, the CEO of the Kataly Foundation, and also known as the mother of “Restorative economics”. “From a tikanga point of view, tikanga is purpose and well-being driven, not profit-driven. That imposes on us a sacred obligation to deeply care for people and sacred obligation to care for the life-supporting capacity of the planet, in perpetuity”, another definition from a Maori innovator, Rangimarie Price, co-founder of the Connective in New Zealand.

At Angels of Impact, we see restorative investing as the tool to channel funding and support to amplify the impact of community-based entrepreneurs with lived experience to make the greatest impact. We see them as the “weavers” of the fabric of a resilient and just society given how they uphold the physical, spiritual, emotional and mental health of their communities. They also often play the role of preserving cultures and keeping families together which is key to building wellbeing and equity in the world.

Investing for a Restorative Economy

American Sustainable Business Network: Beyond Impact Investing and ESG

In this session of the American Sustainable Business Network Series, speakers discuss what intentional finance for systems change based on restorative economics looks like, examine some examples of restorative investing, and also discuss the policy changes needed to make this approach successful.

Be Your Change: How Laina Greene Started A Women-Focused Social Impact Fund To End Poverty

In this episode, you will learn about Laina Raveendran Greene started the social impact fund Angels of Impact, to invest in Women to End Poverty

Art for Equity

Resources and Tools for Equity

Brightspots

Edmund Hillary Fellowship: Restorative Investing for a Just and Regenerative Economy

Listen to this discussion on how women community-based social enterprises are promising agents of change, and how new models and toolkits for restoration capital are sorely needed to assist them in their endeavors. Featuring Nwamaka Agbo, CEO of Kataly, and Rangimarie Price, Director of The Connective.

Join the Conversation

Chromatic Black presents a masterclass with Award Winning Screenwriter Christine Swanson hosted by Morehouse Film Festival in Atlanta on Saturday, December 10th from 9 - 5 PM EST.

Register: http://bit.ly/3ToCkEe

Time-sensitive opportunity

HHS is seeking written comments for Healthy People 2030, focused on the addition of a new core objective – Social Determinants of Health-NEW-07: Increase the proportion of the voting age citizens who vote. To aid in this effort please see the linked template letter you can use as a starting point. This will contain the evidence necessary to make the case that voter participation meets the criteria for a core objective. 

If you have any questions or would like additional support submitting a comment letter, please reach out to our partners at Healthy Democracy Healthy People at [email protected].   

Public comments must be submitted to [email protected] no later than December 2, 2022.  

Funding Opportunities

Wells Fargo Philanthropic Services: The Rea Charitable Trust (Texas)

Type: Foundation

Due Date:  February 15, 2023

Match Required: No Cost Share

Overview: The purpose of this program is to support nonprofit organizations that promote the arts and a variety of charitable causes, including those in the fields of the arts, culture, and the humanities. Awards must be used exclusively for religious, charitable, scientific, literary, or educational purposes.

W.K. Kellogg Foundation

Type: Foundation

Due Date: Rolling

Match Required: No Cost Share

Overview: The purpose of this program is to support children, families, and communities as they strengthen and create conditions that propel vulnerable children to achieve success as individuals and as contributors to the larger community and society. Awards will support the funding agency's goal of creating lasting, transformational change for children and achieving strong outcomes for children by connecting what families need at home, in childcare settings, at school, at work, and in their communities.

Poetry Foundation: Equity in Verse

Type: Foundation

Due Date:  March 3, 2023

Match Required: No Cost Share

Overview:  The purpose of this program is to provide support for nonprofit poetry and literary organizations, which include presses and publications, led and staffed by Black, Indigenous, and people of color (BIPOC). This program is intended to honor the legacy of past BIPOC poets and make space for living and future poets.