The philanthropic sector can make significant contributions around the world to economic growth and justice.
Opportunities to improve livelihoods exist around the world and in some of the wealthiest cities in the United States. In New York City, the New York City Food Assistance Collaborative seeks to ensure the equitable and efficient delivery of emergency food resources to residents in need. To support the Collaborative, Redstone performed geospatial analyses, but also conducted extensive interviews with community members and food pantry managers to understand their needs.
Our clients have also engaged Redstone on efforts to improve global economic development around the world. The Center for Global Development and Redstone worked together to improve how it chooses and evaluates its work to reduce poverty and inequality. Their refined approach calls for greater focus on outcomes by creating a logic model for choosing projects, estimating the expected return of prospective initiatives, and setting metrics and targets to monitor progress. The goal is to put more money into the hands of poor people in developing countries as a result of the organization’s investments in research.
Our work on development has its roots in the firm’s founding. Early in the firm’s history, a consortium of funders and NGOs worked with Redstone to design and carry out an innovative $100 million program to conserve the Great Bear Rainforest while allowing local economic development such as fisheries and cultural ecotourism. The ecosystem-based management at the heart of the undertaking tied ecological integrity to human wellbeing.
We produced a novel analytical tool for the project that allocated funding to assist with both development and conservation in the region based on participants’ territories, populations, conservation commitments, and overlapping land claims. This tool helped to inform negotiations between the Canadian Government, the Government of British Columbia, the First Nations Governments, and conservation organizations associated with the consortium. In our work across sectors, we seek ways to help more people share in the benefits of equitable economic growth.