Evolving the tax system to serve life
This workstream is focused on exploring the points of confluence between the tax system and the climate and nature emergencies. It seeks to identify ways in which the power of the tax system can evolve to act in service of life.
It emerged from a recognition that the current tax system is both powerful and flawed: it is a key source of funding for any government-led initiatives on climate and nature and a massively powerful shaper of narratives about the economy. But often it incentivises actions that are harmful to life. The group is exploring 5 broad areas where it may be able to deploy its power in service to life:
- Supporting the deepening of connections between the existing network of actors engaged with this topic
- Supporting those actors to convert their existing policy recommendations and analysis into political reality
- Supporting a shift in the public discourse towards greater government investment in climate and nature
- Supporting amendments to taxes or tax breaks that are key to nature and climate impacts
- Supporting legislative change to incorporate nature and climate into all tax decision-making
To find out more about this workstream, get in touch with hannah@tealco.org
Going beyond ESG
This workstream explores and acts on the misalignment between how organisations make grants and how they invest. We seek to encourage an ecosystem of transparency, to shorten the learning curve for other philanthropists, and for charitable foundations to join us in putting all of our capital – endowments, as well as grants – to work in service to life.
Existing frameworks around ethical investment of charitable endowments are demonstrably inadequate for achieving our commitments on social and environmental justice. However demand is building for both education and investment standards that align with the values of UK-based charitable foundations. Four potential intervention points where this group can influence a shift in investment practice by their peers are:
- Making the current ecosystem of changemakers visible to the wider philanthropic community
- Making an urgent and compelling case for peer organisation, highlighting best practice and shortening the learning curve
- Calling for greater transparency in the investment process
Supporting potential regulatory shifts by coordinating with existing projects
To find out more about this workstream, contact stella@bio-leadership.org
Supporting the rights of nature movement
This workstream sets out to support the rights of nature movement to grow, knowing that giving nature back its rights will transform the way our economy functions – and how society views nature.
A group of six catalyst funders are working together to support a growing national and international movement that’s at an exciting point of development, and we can see that with some help, significant changes may come to how nature can be protected through legally binding mechanisms.
So far, the work has included inviting groundbreaking projects to help us identify different levels of possible support for the movement. We’ve mapped potential areas of change, from supporting specific legal technical changes to helping place-based projects that put nature at the heart of development, and shifting cultural narratives to support connection with and care for nature.
We’re excited to have identified some first steps in helping this movement to grow, starting with a gathering to help the Rights of Nature movement see a bigger picture together. We plan to support initiatives emerging from that gathering using the principles of the Lab to encourage more systemic forms of impact.
To find out more, contact andres@bio-leadership.org
Workstream pipeline
We have a ‘pipeline’ of potential new workstreams, including:
- Developing a charitable investment vehicle or platform to support broader regenerative development in South Wales
- Developing a community-fund based on feminine leadership principles
- Supporting and helping the development of a Nature-Led Neighbourhoods idea already spearheaded by catalyst funder, Wates Family Enterprise Trust
- Developing a platform to support the development of a movement advocating for strong just transition policy proposals in the UK
- Working more closely with a city, town or region, to deepen a place-based approach in service to life
If you’re interested in joining one, or have other potential workstreams in mind, please get in touch.