In France, Retail Savings in Social Finance Are Booming

"People are becoming increasingly aware that their financial choices have the potential to make a positive social and environmental impact, but social finance still represents just 0.5% of the total retail savings market, so there's a lot more work to be done."

So says Martina Mettgenberg, head of France's social finance observatory, after the release of the 22nd edition of the Social Finance Barometer, a report that shows a 15% increase in retail savings and investments in France over the past year.

That brings total solidarity-based savings in France to $30.2 billion in 2023, or 0.5% of household financial savings, up from 0.45% in 2022, Impact Investor reports.

The barometer covers three channels: savings products from banks and mutual insurers, employee savings schemes, and direct investment through shares and bonds issued by (unlisted) social enterprises.

Direct investment into solidarity-based companies and projects grew 17.6%, while employee savings into such companies grew 19.5%.

But Mettgenberg says there's more to be done: "We are conducting several studies to try to understand how we can accelerate this market share."

Read the Entire Article


Selected Grant News Headlines

A customized collection of grant news from foundations and the federal government from around the Web.

Innovative New Baby Products Earn Recognition

"From diapers to car seats, strollers, and bottles, I'm amazed to see the creativity and convenience into the products that won this year's Innovation Awards," says a judge in the Juvenile Products...more

Design Products That Won'T Become Obsolete

There's a new kid on the block: products that grow. In a Harvard Business Review article titled "How to Win in a Changing World," Vijay Govindarajan and coauthors lay out a series of steps...more

Town-Like Children'S Hospital : Herzog &Amp; De Meuron

Swiss firm Herzog & de Meuron has designed a new children's hospital in Switzerland that's designed to look like a town, the Guardian reports. The design for Kinderspital, which is due to open...more

Symposium Highlights Vtech, Children'S National Partnership to Advance Healthcare with Ai

Virginia Tech and Children's National Hospital in Washington, DC, are teaming up to study how artificial intelligence can be used to improve children's health care, the Washington Post...more

6 Children'S Hospitals Leading Ai

Boston Children's Hospital is ranked among the best children's hospitals in the US by US News & World Report, and it's also among the best in the country when it comes to using artificial...more

Most Parents Know Ai Will Be Crucial to Their Children'S Future

"Most parents know AI will be crucial to their children's future." That's the takeaway from a new Morning Consult survey commissioned by Samsung Solve for Tomorrow. The survey of 1,000 US...more

Innovation Spurs Chinese Tech Firms' Earnings in Global Market

A Canadian court has ordered the release of a man accused of raping a 15-year-old girl, after his lawyer argued that the girl hadn't actually committed a crime, the CBC reports. According to the...more

Aci Group: The Opportunities of Junk Food Advertising Ban

The UK's ban on junk food advertising could have a big impact on the food industry: It could force companies to come up with healthier recipes, reports Food and Drink Digital. "In the context of...more

Meet the Ethiopian Women Revolutionizing Children'S Education Across the Globe

If you're an 8-year-old in Ethiopia, there's a new app for that. HaHu Scripts is a mobile app that "gamify[s] learning of Amharic and Tigrigna languages," according to its website. It's the...more

Walnut Coding Supports "Programming the Future" Event in Chengdu, Popularizing Ai ...

A 5-year-old Chinese boy is being called "China's Elon Musk" after he programmed a character to catch thieves, Quartz reports. According to China's People's Daily Online, Junyi Zhang created the...more


Children News from...


Gates Foundation


Social Entrepreneurship
Spotlight



Rwanda as Social Entrepreneur Fund Beneficiary


The Republic of Rwanda has been picked as one of the six African countries as beneficiaries for a new fellowship fund program designed at supporting social entrepreneurs in tackling issues on food security.



Federal Government Grant and Assistance Programs


Outreach Programs to Reduce the Prevalence of Obesity in High Risk Rural Areas | Senior Community Service Employment Program | USAID Foreign Assistance for Programs Overseas | Hunger Free Communities | Environmental Public Health and Emergency Response | National Food Service Management Institute Administration and Staffing Grant | South Half of the Red River | Aeronautics, Recovery Act | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders