Issuing Bonds to Invest in People

Tulsa Public Schools drew on expertise across many sectors and extensive neighborhood input to address the issue of thousands of empty seats in local schools. Through a community-focused process, they were able to mindfully close under-utilized schools and better maximize the community's resources for students.

The Centre for the Prevention of Radicalization Leading to Violence in Quebec has expanded rapidly, becoming a model for programs around the world. What sets it apart from projects in Europe and the United States is that it confronts extremism of all stripes — not just Islamist — and focuses on behavior that signals the risk of violence, not just radical ideas, only involving law enforcement as a last resort.

Across the country, projects that mine landfills for reusable metals and soils are underway. Can such mining prove profitable enough to spur similar efforts on a grand scale? So far, some projects have seen profits while others have not. But as society increasingly values pollution and greenhouse gas reduction, incentives for refuse mining can only grow.

The city of Philadelphia has been experimenting and iterating on the development of a Juvenile Justice Hub – a program that would transform interactions between the city’s youth and the police. The Hub is in the testing phase, as it is part of a Bloomberg Philanthropies competition for $1 million in grant funding. If received, the city would be able to officially deploy the ideas it has been testing, like training police in trauma and providing more social services for kids who are picked up by police.

Unprecedented challenges are frequently popping up with the onset of climate change, so governments too have to adjust their processes and strategies. Some new procurement tools used by several different cities include requests for ideas, competitions, and performance contracts. This article looks at two places using these new and publicly accessible procurement tools—Prince Georges County, MD, and Norfolk, VA—to see how it impacts their success.

From North Carolina to California, states and cities are taking a new approach to fines and fees – people are having their charges dismissed, warrants for minor offenses cleared, and many municipalities are actually saving money by spending less on collections. With a system that was built because it provided cities and states with revenue, there has been a realization that it disproportionately targets communities of color and often keeps people stuck in cycles of debt. With this national awakening, resources and networks are being created so other places can implement the same change.

To help essential workers navigate the notorious traffic of Bogota, the city built over 50 miles of an emergency bike network. The plan was in place before the arrival of coronavirus but the execution was sped up to meet the demands of increased bike usage. Other measures were also put into place to make the roads more bike and pedestrian-friendly: Reduced speed limits for cars, a 20 percent increase in private parking for bikes, and a bike registration system to deincentivize bike theft. Efforts to expand bike lanes not only eased traffic, they also helped relieve pressure on the overcrowded bus system.

Philanthropies are funding “tough tech” startups that are developing technologies to cut greenhouse gas emissions and mitigate the effects of climate change. Since 2014, the nonprofit Prime Coalition has channeled more than $24 million from wealthy donors and foundations to 10 ventures focused on that goal. Not all of their investments, though, have paid off. Yet, some of these initial investments could lead to widespread solutions to the world’s climate crisis.

The nonprofit group Save Giraffes Now, the Kenya Wildlife Service, the Northern Rangelands Trust, and local community members are working together to save the endangered Rothschild’s giraffe species. Rising lake levels and flooding have stranded the animals on its island, so they made a custom-built steel barge to relocate them to a protected wildlife reserve. It’s not easy to move giraffes, but so far they’ve successfully moved three out of nine of them.

A startup is making buildings more eco-friendly by converting their energy needs from oil and gas to electric heat pumps. BlocPower is a Black-owned clean tech startup that provides a no money down lease option, making it financially accessible.