In France, Retail Savings in Social Finance Are Booming


credit:

"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.

Call For 2025 Amchp Annual Award Nominations Extended to January 13

Call for 2025 AMCHP Annual Award Nominations Extended to January 13.Candidates must be able to record the lecture for distribution during the AM CHP Annual Conference in March 2025.Watch the...more

Only 20% of Ai Devices For Children Used Pediatric Data to Train: 3 Notes

The Becker's Hospital Review website uses cookies to display relevant ads and to enhance your browsing experience.Sign up for our Free E-Newsletters to stay up to date on the latest hospital news.The...more

Baby Products Market to Reach Usd 575.8 Billion by 2033

Asia-Pacific emerged as the largest regional market in 2023, holding a 43.6% share and generating USD 140.1 billion in revenue.E-commerce contributes nearly 30% to global baby product sales.Parents...more

Children's Wellbeing and Schools Bill: Child Protection, Education and Teacher Support

" data-section-theme="" data-controller=" header"Data-current-styles=' {"layout": "navRight", "action": "", "buttonText": "Get Started", "newWindow": false, "menuOverlayAnimation": "fade",...more

Unicef Venture Fund Ai and Blockchain For Data and Trust ($100K)

The UNICEF Venture Fund is looking to invest in Open Source frontier technology solutions that have the potential to create radical change for children.They are offering up to US$100K in equity-free...more

Kaira Looro Is Seeking For Innovative Designs For Nursery Schools in Sub-Saharan Africa

The Balouo Salo Non-Profit Organisation has launched the 2025 edition of the Kaira Looro Architecture Competition for Nursery Schools.The competition invites architects, students, designers,...more

The Arla Bovaer Case Highlights A New Frontier For Agrifoodtech: Combatting Misinformation

The Arla Bovaer case highlights a new frontier for agrifoodtech: combatting misinformation.New technologies, particularly in food, ag, and climate, are uniquely vulnerable to...more

Soar Network Innovation Grant to Lifesports

The Ohio Department of Mental Health and Addiction Services (OhioMHAS) awarded a $250,000 SOAR Network Innovation Grant to LiFEsports.Coach Beyond offers training designed to go beyond X's and O's...more

Stem Education Expert Offers Holiday Gift Ideas For Kids of All Ages

Pam Gilchrist, director of K-12 Initiatives for the Virginia Tech Innovation Campus in Alexandria, Va., shares her tips on the best STEM-related holiday gifts for kids of all ages."What better time...more

With Syphilis Surging, the U.S. Preventive Services Task Force Issues High-Priority ...

Preventive Services Task Force issues high-priority recommendation to screen all pregnant people.Congenital syphilis, which is passed from pregnant people to their fetuses, is linked to severe...more


Children News from...



First Enterprise Business Agency (FEBA), a Nottingham-based business support organization, is a contender for two categories at the first Citi Microentrepreneurship Awards to be held this coming February.



Federal Government Grant and Assistance Programs


Demonstration Cooperative Agreements for Development and Implementation of Criminal Justice Treatmen | Crow Tribe Water Rights Settlement | Overseas Educational Advising | Centers for Disease Control and PreventionAffordable Care Act (ACA) Communities Putting Prevention t | Family and Community Violence Prevention Program | Community Programs to Improve Minority Health Grant Program | Agricultural Market and Economic Research | Applied Meteorological Research | | Site Style by YAML | Grants.gov | Grants | Grants News | Sitemap | Privacy Policy

Edited by: Michael Saunders

© 2008-2024 Copyright Michael Saunders