Do impact certificates help if you're not sure your work is effective?
Effective Altruism Forum, February 12, 2020
Abstract
Some argue impact certficates can improve the effectiveness of organizations by allowing individuals to invest in the work of organizations they value. To do this, they propose an impact certificate system where individuals can trade their certificates with others who have different views about the effectiveness of certain organizations, thus providing funding organizations they believe to be the most impactful. However, there are concerns with this approach. First, the accurate assessment of the effectiveness of organizations can be difficult, making it challenging for individuals to decide which certificates are worth investing in. Second, these certificates may not accurately reflect the true value of an organization’s impact, leading to a misleading assessment of their effectiveness. – AI-generated abstract.
