Episode 17

#17 The Racial Wealth Gap in the US and Lessons for the Last Mile

The reckoning taking place in the United States is both historic and undeniable. One of the drivers of this conversation revolves around the racial wealth gap in the U.S. Understanding the causes behind this gap is essential to achieving racial progress in the United States, but how can we broaden this understanding to address structural barriers to economic equity in least developed countries?

Peter Lupoff, CEO of Net Impact, a mission-driven organization with 150,000 members, is our guest for Episode 17 of Capital Musings. He provides his views on the nature of the U.S.'s racial wealth gap and how it speaks to the importance of impact investment, both domestically and internationally. 

About the Podcast

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Capital Musings
Capital Musings is the Podcast show of the UN Capital Development Fund (UNCDF)

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United Nations Capital Development Fund

The UN Capital Development Fund makes public and private finance work for the poor in the world’s 45 least developed countries (LDCs).

UNCDF offers “last mile” finance models that unlock public and private resources, especially at the domestic level, to reduce poverty and support local economic development.

UNCDF pursues innovative financing solutions through: (1) financial inclusion, which expands the opportunities for individuals, households, and small and medium-sized enterprises to participate in the local economy, while also providing differentiated products for women and men so they can climb out of poverty and manage their financial lives; (2) local development finance, which shows how fiscal decentralization, innovative municipal finance, and structured project finance can drive public and private funding that underpins local economic expansion, women’s economic empowerment, climate adaptation, and sustainable development; and (3) a least developed countries investment platform that deploys a tailored set of financial instruments to a growing pipeline of impactful projects in the “missing middle.’’