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Embracing Complexity: Towards a shared understanding of funding systems change

Posted By Marine Hasson, Aspen Institute, Friday, January 24, 2020

Embracing complexity: Towards a shared understanding of funding systems change

By McKinsey & Company, Ashoka, Catalyst 2030, Co-Impact, Echoing Green, Schwab Foundation for Social Entrepreneurship, Skoll Foundation and SystemIQ

Solving our most pressing problems requires a systems change approach and collaborative action. However, the current dominant funding practices are ill-suited to support systemic answers.This report provides donors and investors, as well as charitable initiatives and organizations, with answers to the two following questions: How can systems change across the world be financed more effectively? How can change be better supported for the benefit of society? It identifies five principles and resulting practices that funders can adopt to better support systems change work: embracing a systems mindset, supporting evolving paths to systems change, working in true partnership, preparing for long-term engagement and collaborating with other stakeholders.

Read the full report here. 

Tags:  funding practices  sector publication  systems 

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