René Karsenti

The Impact Revolution - Conference Call Series

Glenn Yago, Sir Ronald Cohen, René Karsenti, Julie Monaco, Cynthia Muller

The panel outlines a financial paradigm shift where over $30 trillion in capital now integrates measurable social and environmental impact alongside traditional risk and return metrics. To prevent information asymmetries reminiscent of the 1929 crash, speakers argue for mandatory "impact-weighted accounts" similar to GAAP, citing initiatives by the Harvard Business School and the Network for Greening the Financial System. Furthermore, public-private partnerships are scaling blended finance models through standardized instruments like sustainability-linked bonds, with projections warning that failing to address racial equity could cost the U.S. $70 trillion by 2050.