Why an Agile Tool for Evaluating Impact Projects?
The founding idea of liberal economics assumes that each individual’s self-interest drives them to do good for everyone.
However, we have had to acknowledge that the common good often needs a few substantial financial and political "helping hands" to assert itself and establish itself as a major economic model. Thus, it is not surprising that the leading country of liberal capitalism, the United States, is also home to a significant number of charitable foundations. They fund entire sectors of the academic world, but not only that. The internet, for example, though invented in Geneva at CERN, would not have seen its global rise without American "helping hands."
It is therefore not too early to draw the attention of good old Europe and a few other regions of the globe, so that political and economic leaders understand the importance of this phenomenon and the economic mechanism it governs. As the saying goes, “Charity begins at home!” However, it is essential to understand that "home" refers to the social context, others, and the state. We are human because we are not alone.
Therefore, doing good for oneself also means doing good for others. This is our basic premise! Hence, our approach to impact finance, the impact sought on the common good.
Impact finance (philanthropy and investment) therefore plays a crucial role in addressing the social and environmental challenges of our time.
In order to improve the efficiency and sustainability of "impact projects", we will continue, during this workshop on Tuesday, December 10, 2024, the development of agile tools for their evaluation and monitoring, while strengthening interactions between funders and project leaders.
les chercheurs,