Ethical Fields

Did you miss our September newsletter? Read it here:

A couple of years ago, we met with the wonderful folk of Victoria to gather their insights on Community Wealth Building. Here are some of the highlights. Meaghan Burkett Gareth Priday Samantha (Sam) Doove Kate Simpson Beth Stockton Jenny Saavedra Kate Williams

This seems like a pipedream, but Australia only has to look towards Europe to see many examples of local people holding an ownership stake in renewables developments. The result is powerful - not only does it create wealth for local people (that would otherwise have left the communty) but with ownership comes a voice. Another possible solution to generate place based capital. Want to learn more? Click here: https://lnkd.in/gYT_mqfd

Councils want high streets to thrive for local benefit. Asset owners want exciting, impact-driven opportunities for vacant buildings. Communities have amazing ideas for their neighbourhoods, but struggle to access the space to make them happen. How do you bring all of this together to make a positive change to your local high street? How assets are owned, governed and used in a community form powerful solutions to creating a thriving place based capital system.

The 2024 inaugural Advancing Equity Summit, hosted by The Equity Co•Lab and Country to Coast, QLD, is a call to action to address the social norms, systems, and structures that underpin inequity in our communities.The summit will be held between 17-18 October 2024 on Kabi Kabi Country (Noosa Heads, Queensland). Here is a link to the program: https://lnkd.in/gJtmmfzV and registration page: https://lnkd.in/gFwjerz4 Kate Williams will be co-facilitating a session Transforming from Within: The Personal Journey to Drive Equity. Following Dr. Michael McAfee's keynote, this session explores the personal introspection needed to advance equity. This reflective process centers on developing self-knowledge and awareness. By cultivating a deeper understanding of our own thoughts, feelings, and reactions, we can better recognise how our personal experiences shape our perspectives on equity and inclusion.Here is a code for AES24KW for a 30% discount on registrations (valid in September only). There's also a "pay what you can" option from $10.

Exciting Event: Two national tours, one important conversation! Join us as we explore how capital can truly work for local communities—and what those communities are doing and calling for. ✨ Ian Bird, CEO of Community Foundations Australia, and Meaghan Burkett, Place Based Capital lead at Ethical Fields, will share insights from their journeys across Australia! 🗣️ Hosted by Jacqueline McArthur from the Western Murray Land Improvement Group, this conversation is bound to inspire. Ian's new role has taken him across the country, learning the strengths and challenges of community-led philanthropy in Australia. Meaghan spent twelve months travelling to metro and regional places across Australia diving deep into place based capital and community asset ownership and leadership with local leaders. Both bring valuable stories and experiences to the table. Book your spot now: https://lnkd.in/g8-rcsVn #PlaceBasedCapital #CommunityWealth #Philanthropy #InspirationSession #LocalCommunities #CommunityBuilding #EthicalFields #WesternMurray

Localising supply chains has long been a cornerstone strategy of Community Wealth Building and is a powerful tool for creating place based capital. We went deep with the City of Newcastle around supply chain localisation and how it can facilitate local growth, sustainability and resilience. You can revisit the paper here to learn more.

Our Place Based Capital Partner - the Griffith Centre for Systems Innovation - doing what they do best! Simplifying the complex. For a great introduction to the concepts of Community Wealth Building and Place Based Capital,, check out this article they wrote on the Australian context of Community Wealth Building and Place Based Capital.

What could Place Based Capital look like? Imagine if even a small portion of the $3.5 trillion in Australian superannuation could be redirected to local priorities? The Place Based Capital Program is exploring this and many many more solutions for creating thriving local capital systems. Find out more here: https://lnkd.in/gYT_mqfd

We love revolving funds as a powerful place based capital mechanism for funding local initiatives! Geelong Sustainability's Community Energy Revolving Fund is a great example, helping local not for profits access renewable upgrades. Unlike a grant, the revolving fund recirculates capital. Not for profits borrow money from the fund (usually as an interest free loan), and repay the debt with the savings that are made from the upgrades. The funds are then loaned out again to aother not for profit.