The effect of purchasing a certificate

Abstract

The impact purchase explores the possible effects of an impact purchase system. It argues that purchasing certificates of social and environmental impact can be an effective philanthropic funding mechanism and a way to provide incentives for more altruistic behavior, especially in the case of project completers who are motivated by altruism rather than financial gain. The article suggests that even if the system is imperfect and small-scale at first, it has the potential to grow and have a significant impact on the funding of do-gooding projects and activities. – AI-generated abstract.