Community Development Innovation Review

August 2009
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Using High-Transparency Banks to Reconnect Money and Meaning

Author(s):

High-transparency banking is feasible and emerging. Public-interest accountability metrics can support a new crop of more trustworthy banks, highly-transparent as to their environmental and social impacts and corporate governance practices. To achieve scale, federal banking reform could include special charters and support for high-transparency banks, a new class of banks that develop and make publicly available the open technology standards needed to underwrite, incentivize and exchange transactions that produce positive environmental and social impacts.

Download the article (pdf, 181.33 kb)

Other articles in this issue

Mission Insurance: How to Structure a Social Enterprise So Its Social and Environmental Goals Survive into the Future

Exploring the Continuum of Social and Financial Returns: When Does a Nonprofit Become a Social Enterprise?

Impact Investing: Harnessing Capital Markets to Solve Problems at Scale

Increasing Access to Capital: Could Better Measurement of Social and Environmental Outcomes Entice More Institutional Investment Capital into Underserved Communities?

NCIF Social Performance Metrics: Increasing the Flow of Investments in Distressed Neighborhoods through Community Development Banking Institutions

Reject the Reset!

Rethink Charity

Local Stock Exchanges and National Stimulus

At the Crossroads Where Economic Development, Job Creation and Workforce Development Intersect

Value

Could “Small Is Beautiful” Replace “Too Big to Fail?”