Mobilising money to Close the Gap

Niall Cooper

The power of moneyCan we use the power of money to Close the Gap? We’re all too familiar about the power of money to generate ever greater inequality – but can we turn the power of money on its head, and use it as a force for good?

Church Action on Poverty is used to trying to make change happen with next to no money. So yesterday was a first for me, as I co-chaired an event with an organisation whose members collectively manage more than £15 billion in investments…

No, I haven’t gone over to the dark side, and joined Goldman Sachs – this was the Ecumenical Council for Corporate Responsibility (ECCR), whose 85 odd corporate members include many of the major Churches, whose pensions and investment funds collectively run into billions of pounds.

The Churches have become increasingly good at speaking out on growing inequality, and a bit less good at…

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