First-of-their-kind investments that improve outcomes in Indigenous communities
As Boann’s inaugural investment, the Raven Indigenous Outcomes Fund (RIOF) demonstrates the SFF’s potential to back ideas and initiatives that produce tangible, positive outcomes for our communities and our climate. Managed by Raven Indigenous Outcomes Funds Inc., the first Indigenous-focused outcomes financing firm in Canada, the RIOF bridges a commitment to Indigenous self-determination and community development with outcomes-based financing instruments with the potential to set precedent for future initiatives in Canada.
The fund will flow investments directly into Indigenous communities and initiatives. In health, Minoayawin, a community-centred lifestyle intervention initiative, aims to reduce T2 diabetes prevalence using a two-eyed-seeing approach, incorporating Indigenous knowledge systems with Western methods. Outcomes contracts in climate will advance the net zero transition for on-reserve housing through electrification and climate-conscious retrofits targeting energy efficiencies, GHG emission reductions, and localized training and employment opportunities.