Participatory Canada Roadmap

Page 24

The Need for Transition Financing Cities, communities and residents looking to transition their neighborhoods to a just, sustainable, and participatory future view to successfully scale the Participatory City approach in Funding Approaches the Participatory City approach, to have meaningful, scaled from Transition Financing21 capital holders and investors to redirect very large amounts of capital towards novel portfolios of assets with accompanying infrastructure around people capacity, data and innovation at macro and micro levels. This is a new way to scale transformation through systems change while identifying and aligning with case relating to Participatory Social Infrastructure. Transition Financing can balance the high pace of government spending as a result of COVID-19, both in managing the pandemic response and jump-starting the economy. The capital, policy and infrastructure solutions needed both for COVID-19 recovery and to make progress on the larger issues of growing inequality, unemployment, poverty, homelessness, inadequate healthcare, portfolio of long-wealth assets instead of isolated, medium term infrastructure projects. A new class of public-private capital can be further leveraged through co-investments by residents using community wealth mechanisms. This could lead to the creation of co-funded, participatory social infrastructure crucial to building forward better from COVID-19, bridging social capital and cohesion, and strengthening civic legitimacy and resilience.

The capital, policy and infrastructure solutions needed both for COVID-19 recovery and to make progress on the larger issues of growing inequality, unemployment, poverty, homelessness, inadequate healthcare, domestic violence, and racism, can be financed through a portfolio of long-wealth assets instead of isolated, medium term infrastructure projects.

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First, Second, and Third blog article published by Dark Matter Labs, December 31, 2020

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PARTICIPATORY CANADA ROADMAP


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