The purpose of FEST is to create a powerful Financial Ecosystems for Systemic Transformation (FEST) that greatly accelerates development of the field of Financing Systemic Transformation (FST) by facilitating synergistic collaborative action amongst its actors.
The FEST strategy comprises three action components:
Within these action components, the follow goals are in development:
FEST proposes the following one-year goals, through the first quarter of 2024:
A community convening at MIT at the end of January 2024 is planned to bring together outcomes from the FEST Proposal Concept Notes to further detail a three-to-five year pathways for developing the FST field. This trajectory is represented below.
With the pathway outlined above as a guide, the following outcomes are proposed over 3-5 years:
FEST's Innovative Financial Strategy has the following characteristics: