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Revolutions require revolutionary behavior

6 October 2013

In his most recent op-ed piece for Pioneers Post, Arthur Wood explains why "the current social investment market is like blindfolded men and women feeling the proverbial elephant – except that each elephant of the herd is also blindfolded in its sectoral silo (functional and governmental), having multiple providers of food, who feed it at different times for different reasons, who regularly change how, where and what they want to feed – and then look for the elephant to produce a pint of milk – and then also expect the herd to pull in one direction." See more at:

The Pioneer Gap: impact investing's Achilles heel?

7 January 2013

Here's a revealing new report from the Stanford Social Innovation Review. The authors echo what we have been saying at WSFF for some time now.

"One of the most striking findings of our research is that few impact investors are willing to invest in companies targeting the poor, and even fewer are willing to invest at the early stages of the creation of these businesses, a problem that we call the Pioneer Gap....The reason this happens is twofold. The first is ideological, the belief that by definition anything that uses investing tools must hit market rates of return—without a clear definition of which market those returns are based on.

New WHO study confirms high economic returns to sanitation

7 January 2013

A new WHO study confirms high economic returns to sanitation, and provides country-by-country analysis. On the other hand, expenditure data in the WASH sector remains weak. You can download a PDF version of the study here.

Post-2015: ambitious targets for WASH sector

7 January 2013

The WASH sector is seeking more ambitious targets after 2015, as well as stricter definitions on what is safe sanitation. For more info see

Despite legal advances, UK foundations still wary of impact investment

14 December 2012

New research suggests that UK family foundations "not only need confidence in the legality of social investment, but [also] more evidence of how it is in the best interests of beneficiaries." Go to the article