1. Tell us more about what you do and how your role or project is making an impact. How do they support the SDGs?
Quantified Ventures is an outcomes based capital firm driving positive impacts for health, social and environmental challenges. Measurement of our work is intrinsically embedded in our financial products to promote healthy people, healthy communities and a healthy planet for us all. Our work across our environmental and health practices ladder into a number of the SDGs including, good health and wellbeing, clean water and sanitation, sustainable cities and communities, and climate action. Examples of projects that support these are curbing pollution in city sewage systems and reducing public health risks through green infrastructure support, improving homeless respite care and health of aging populations through meal delivery program expansion, and supporting workforce development to implement many of these projects.
2. Why do you see Fintech and/or Blockchain in particular as an important enabler in creating a social impact?
Financial innovations are mission critical to solving many seemingly intractable issues. The financial models we create unlock capital from new investors and unstick projects that would otherwise not be addressed for some time or at all, in some cases.
3. What are some challenges you face along the way?
Many of the key stakeholders we work with are in the government sector, and innovation isn’t typically rewarded in that sector. Taking calculated risks in the public sector is challenging, and it’s often about taking the time for education. As one of our partners, the CFO for Atlanta’s Department of Watershed Management, Mohamed Balla, recently said, “the more we learned about Environmental Impact Bonds, the more it became a ’no-brainer.”
4. What more do you think is needed in the ecosystem to support and facilitate creating a greater social impact?
At a high level, an increase of urgency of change is critical. Some of these issues cannot wait. Bold moves must be made today, so we need more courageous change-makers. We are asking a lot from our public sector city leaders these days. We need to find better ways to support them.
5. What do you hope to see or achieve in 10 years’ time?
We hope that we are still pushing the various stakeholders to try new things and reach higher as we continue to innovate ways of supporting pathways to improving our world. On the environment side, we hope that in 10 years Environmental Impact Bonds will be a commonly accepted part of the suite of municipal bonds.
This interview is part of a series of interviews featuring Fintech influencers who are doing work that advances our efforts in achieving the Sustainable Development Goals.
LATTICE80, in collaboration with FinTech4Good, presents the complete list of Top 100 Fintech for SDG Influencers who are leveraging the power of fintech and blockchain technology to create a positive impact on the future. LATTICE80 is launching our accelerator programme based in Hong Kong to help SDG-focused startups build blockchain solutions. Are you a SDG-focused startup? Click here to indicate your interest.
Disclaimer: The interviews are published on a rolling basis and the order by which they are published by no means representative of any rankings.