Core Concepts

These concepts are in evolution.They aim to support creating a shared understanding and shared language to accelerate development of the field of financing systemic transformation (FST). 

The term “finance” refers to money from any source (foundations, private investors, government) for any purpose (investing, spending, granting). FEST comes from the “demand side” for systemic investing, originating with Catalyst 2030, a global network of social entrepreneurs. It is open to all those in the field of financing systemic transformation.



What is financing systemic transformation? Four qualities. 

Financing Transformation vs Transforming Finance

Financing transformation requires transforming at least part of the finance system. 

The Three Types of Systems Change Finance

People use "systems change finance" in three very different ways. There is systemic transformation, altering systems finance, and optimizing systems finance. 

Financial Ecosystems 

Developing new financial ecosystems is key for systemic transformation. These ecosystems require financing three different activities. 

FEST's Role

What role does FEST play in advancing the field of Financing Systemic Transformation?

Four Strategies

Legacy systems must finance trasformation by financing their own transformation & the work of those developing financing innovations. 

Key technical challenges

There are critical financial technical innovations that must be developed for systemic transformation finance. 

FEST's guiding values

FEST's goals to guide discussions and actions.


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