Okay. I’m so happy to be here with Morgan Simon. She’s an author, speaker, activist, an investor responsible for influencing over 150 billion dollars in the social impact investing space. Morgan, welcome to the show.
Thank you, so much.
So, you wrote the book real impact, and from the get-go, you mention two important words, transformative and palliative. Can you tell us why these words are so important to impact investing?
Sure. Impact investing, in general, is often defined as the practice of trying to put your money where your mouth is, right? To invest in something that reflects your social values, and that there’s all different types of solutions, and just because you invest in a sector or geography, right, agriculture in Africa, or renewable energy in the south, it can be done in a way that’s transparentive, meaning really addressing the underlying structural problems and fixing it for the long term, or what I would call palliative, which is word we’re used to knowing in the context of palliative care, right, which typically means making sure that someone is comfortable before they pass away, and essentially if we are simply decelerating climate change but not actually stopping it or ju