A Tool To Support The Indigenous Economy
First Australians Capital and Indigenous Impact came together at the start of 2021 to start work on this framework: The Indigenous First Impact Framework.
We believe we can uniquely position the Australian impact investment market with greater Indigenous inclusions, which will have multiplier effects in key impact areas, through equitable access to ‘Right’ capital.
First, we need to shape the foundations. This begins by shifting mindsets about the collective power and capacity of the Indigenous economy, showcasing the opportunities for growth, and demonstrating the knowledge of Indigenous participants to lead the way.
Increasing self-determined futures for Indigenous peoples is the ‘north star’ for this framework. Indigenous ‘Self-determination’ might not be front of mind for all investors, but it is a path that many of our mob still seek after long periods of systemic and institutional oppression, even in contemporary Australia.
This is not just a national issue but also a global issue. Reducing inequalities is Goal 10 of the United Nations Sustainable Development Goals (SDGs). It captures the importance of no-one being left behind. It is increasingly recognised that our dependence on achieving the other 16 SDGs will be determined by our ability to make significant progress with achieving greater levels of equality.
We believe impact capital markets have the opportunity to play a greater and more transformative role in Indigenous economic development and social equality.
We invite all institutions from investors to mainstream finance providers to read and reflect on the Framework. If you would like to discuss the Framework and how you could explore implementing its principles, please get in touch with our Associate Director, Tiarne Shutt.