Catalytic capital has helped bridge funding gaps for enterprises and intermediaries that address issues relating to climate, health, poverty, and justice among others. But what is catalytic capital and why does it matter for global challenges? A new website, CatalyticCapitalConsortium.org, launched by the Catalytic Capital Consortium (C3), answers this and shares research, learning, best practices for practitioners alongside reflections on developments in the field of catalytic capital and individuals’ experiences deploying this form of impact investing. It plays a vital role in impact investing’s ability to be patient, risk-tolerant, concessionary, and flexible in ways that differ from conventional investment, thereby enabling additional third-party investment that would otherwise not be possible.
C3 is a collaborative effort launched in 2019 to increase the knowledge, awareness, and use of catalytic capital. A joint initiative between MacArthur, The Rockefeller Foundation, and the Omidyar Network, C3 is working to build a global community of practice in the field of catalytic capital through building a knowledge base, sharing best practices, and developing tools as well as facilitating peer discussions and other opportunities to share experiences, data, and analysis.
