2022 Annual IILWG/Grunin Conference

In addition to regular programming, the 2022 Annual Conference on Legal Issues in Social Entrepreneurship and Impact Investing featured a wealth of information, insight, and expertise shared between speakers and attendees. To view these resources, please check out the list below:

Blending Finance to Advance Climate Adaptation and Resilience

Lankes, HP. (Nov 2021) Blended Finance for scaling up climate and nature investments. One Planet Lab, London School of Economics. Available at:

Lazard. (Sept 2021) Debt-for-SDGs Swaps in Indebted Countries: the Right Instrument to Meet the Funding Gap?: A Review of Past Implementation and Challenges Lying Ahead, Lazard. Available at:

Singh, D., Widge, V. (May 2021). Debt for Climate Swaps: Supporting a Sustainable Recovery. Climate Policy Initiative. Available at:

Tall, Arame; Lynagh, Sarah; Blanco Vecchi, Candela; Bardouille, Pepukaye; Montoya Pino, Felipe; Shabahat, Elham; Stenek, Vladimir; Stewart, Fiona; Power, Samantha; Paladines, Cindy; Neves, Philippe; Kerr, Lori (March 2021). Enabling Private Investment in Climate Adaptation and Resilience : Current Status, Barriers to Investment and Blueprint for Action. World Bank. Available at:

Mutambatsere, E., and Schellekens, P. (Nov 2020). The Why and How of Blended Finance: Recommendations to Strengthen the Rationale for and Efficient Use of Concessional Resources in Development Finance Institutions’ (DFI) Operations. International Finance Corporation (World Bank Group). Available at:

Miller, A., Swann, S., Cheng, S., Eil, A. (July 2019). Driving Finance Today for the Climate Resilient Society of Tomorrow. Global Commission on Adaptation. Available at:  

Moreiro Da Silva, J., Gornitzka, C. (Jan 2018) OECD DAC Blended Finance Principles: for Unlocking Commercial Finance for the Sustainable Development Goals. OECD. Available at:

Tonkongy, B, et al. (Jan 2018) Blended Finance in Clean Energy: Experiences and Opportunities. Climate Policy Initiative. Available at:

Petkova, N. (2007). Lessons Learnt from Experience with Debt-for-Environment Swaps in Economies in Transition. OECD. Available at:  

FMO Dutch Entrepreneurial Development Bank. (2019). Deriving a 1.5 °C Pathway for a Financial Institution. Available at:

FMO Dutch Entrepreneurial Development Bank. (2021). Collaborating to accelerate investment in climate adaptation and resilience. Available at:

Belize Debt Conversion Case Study. Available at:


Elevating Beneficiaries: Inclusive Design in Impact Instruments

Berry, Christine and Charles Scanlan. “The Voice of the Beneficiary.” In Hawley, James P., Andreas G. F. Hoepner, Keith L. Johnson, Joakim Sandberg, Edward J. Waitzer (Available from March 2014) Cambridge Handbook of Institutional Investment and Fiduciary Duty.

Fields, Natalie Bridgeman, with Luciana Herman. “Do No Harm: Accountability for Impact Investing.” Stanford Law School Blogs: Law and Policy Lab (2018).

Goedke, Steven and Patrick Briaud. Impact Investing Handbook: An Implementation Guide for Practitioners. A publication of Rockefeller Philanthropy Advisors.

Grieve, Margaret and Deborah Visser. “Including the Beneficiary Voice: The Success Measures Experience.” Community Development Investment Review, pages 35-42.

Shelby, Cary Martin. “Profiting from Our Pain: Privileged Access to Social Impact Investing.” California Law Review 109, no. 4 (2021): 1261-1315.

Twersky, Fay, Phil Buchanan, and Valerie Threlfall. “Listening to Those Who Matter Most, the Beneficiaries.” Stanford Social Innovation Review 11, no. 2 (2013): 41–45.


Legal Implications of Minority Wealth Equity Strategies

The economic impact of closing the racial wealth gap, August 13, 2019

Diversity Among Fortune 500 CEOs from 2000 to 2020: White Women, Hi-Tech South Asians, and Economically Privileged Multilingual Immigrants from Around the World, by Richard L. Zweigenhalf, Guilford College, January 2021

Funding To Black Startup Founders Quadrupled In Past Year, But Remains Elusive, by Marlize van Romburgh, Gene Teare, July 13, 2021

Knight Diversity of Asset Managers Research Series: Industry, published December 7, 2021 by Knight Foundation

Closing the Racial Inequality Gaps, The Economic Cost of Black Inequality in the U.S., by Dana M. Peterson and Catherine L. Mann, September 2020

The Color of Entrepreneurship: Why the Racial Gap Among Firms Costs the U.S. Billions by Algernon Austin, April 20, 2016

2018 Diverse Asset Management - Enhanced Performance Analysis, Final Report – Prof. Josh Lerner, Ann Leamon, Richard Sessa, Rahat Dewan, Samuel Holt, January 2019

The economic state of Black America: What is and what could be, June 17, 2021

Closing the Racial Wealth Gap by Mehrsa Baradaran, 2020


Prepare for Impact: Training Lawyers for ESG, Impact Investing, and Social Enterprise Practices

Anne Tucker et al., In Pursuit of Good and Gold: Data Observations of Employee Ownership & Impact Investment, 40 SEATTLE U.L. REV. 1 (2017). Available at:

Deborah Burand, “Building the Case” for the Business Lawyer of Tomorrow: Putting Impact into Practice, 56 WILLAMETTE L. REV. 425 (2020). Available at: Law Journal Library -

Deborah Burand et al., “Scaling Social Enterprises Through Franchise Models: Rethinking Social Franchise Agreements,” 88 UMKC L. REV. 827 (2020). Available at: scaling_social_enterprises_through_franchise_models_whitepaper.pdf (

Deborah Burand & Anne Tucker, Legal Literature Review of Social Entrepreneurship and Impact Investing (2007-2017): Doing Good by Doing Business, 11 WILLIAM & MARY BUS. L. REV.1 (2019). Available at:  

Deborah Burand et al., Clinical Collaborations: Going Global to Advance Social Entrepreneurship, 20 INT’L J. CLINICAL LEGAL EDUC. 499-518 (2014). Available at:

Alicia E. Plerhoples, Nonprofit Displacement and the Pursuit of Charity Through Public Benefit Corporations, 21 LEWIS & CLARK L. REV. 525-572 (2017). Available at:

Alicia E. Plerhoples, Risks, Goals, and Pictographs: Lawyering to the Social Entrepreneur, 19 LEWIS & CLARK L. REV. 301-326 (2015). Available at:

Alicia E. Plerhoples, Representing Social Enterprise, 20 CLINICAL L. REV. 215 (2013). Available at:

Todd D. Rakoff & Martha Minow, A Case for Another Case Method, 60 VAND. L. REV. 597 (2019). Available at:

Susan R. Jones et al., Viewing Value Creation by Business Lawyers through the Lens of Transactional Legal Clinics, 15 U.C. DAVIS BUS. L.J. 49-106 (2014). Available at:

Susan R. Jones & Jacqueline Lainez, Enriching the Law School Curriculum: The Rise of Transactional Legal Clinics in U.S. Law Schools, 43 WASH. U. J. L. & POL'Y 85 (2014). Available at:  

Susan R. Jones, The Case for Leadership Coaching in Law Schools:  A New Way to Support Professional Identity Formation, 48 HOFSTRA L. REV. 659 (2020). Available at:

Susan R. Jones & Janet Thompson Jackson, Law & Entrepreneurship in Global Clinical Education, 25 INT’L J. CLINICAL EDUC. 85 (2018). Available at:

Celeste M. Hammond, Borrowing from the B Schools: The Legal Case Study as Course Materials for Transaction Oriented Elective Courses: A Response to the Challenges of the MacCrate Report and the Carnegie Foundation for Advancement of Teaching Report on Legal Education, 11 TENN J. BUS. L. 9, 18-19 (2009). Available at:

Dylan Jackson, ESG Practice Groups Proliferate in Big Law, Driven by New Priorities, THE AM. LAWYER (February 11, 2021, 10:53 AM). Available at:

Jenny B. Davis, Corporate Lawyers Can Help Clients Change the World-And Bill for it-With this Growing Practice Area, AM. BAR ASS’N JOURNAL (Apr. 1, 2020, 3:40 AM). Available at: Corporate lawyers can help clients change the world—and bill for it—with this growing practice area (

Janet Thompson Jackson & Susan R. Jones, Law & Entrepreneurship in Global Clinical Education, 25 INT’L J. CLINICAL LEGAL EDUC. 85 (2018). Available at:

Natalie Runyon, Increase in Clients’ ESG Transparency Is Driving Law Firms to Create New Sustainability Practice Areas (June 9, 2021). Available at:

Roger E. Barton, As Corporate Clients Emphasize ESG, Law Firms Should Be Leading the Pack, REUTERS.COM (December 10, 2021, 12:10 PM EST). Available at:

Patrick Temple-West, Calls to Action on ESG Boost Demand for Legal Expertise, FIN. TIMES (October 14, 2021). Available at:

Jeannie Naujeck, How The Environmental, Social, And Governance Movement Is Gaining Ground In Boardrooms, Law Firms, And Legal Scholarship, DUKE LAW MAG. (Fall 2021). Available at: