The webinar 'Remaking the Economy: Liberating Finance to Build a More Just World' emphasizes the need for a cultural transformation in philanthropy. It critiques how traditional philanthropic practices often sustain wealth and power inequalities while advocating for an inclusive, collaborative approach. This involves engaging all levels of philanthropic organizations to fundamentally alter frameworks and programming. By prioritizing the needs of frontline communities and inviting them into co-creation processes, philanthropy can begin to address historical inequities and repair harm through justice-focused investment strategies.
When thinking about what needs to change to advance the just transition, we must look also at the culture and the structures that philanthropy upholds.
To divest from those cultural practices, we recognize at Justice Funders that we have to engage everyone from the board to the staff level in these institutions.
Moving assets to meet the needs of frontline communities, rather than dictating what those needs look like for the frontline communities.
We have seen in the JTIC-the Just Transition Investment Community-that many of the foundations actually trace back the origin of their wealth.
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