P1F has been supporting critical response from the beginning of the Covid-19 crisis in the UK. The experience has highlighted the importance of highly trusted international relationships, good intention, and the need for fiscal flexibility in order to be effective in a crisis.
We have now established an Impact Fund, whose mission is to provide that capital flexibility, whilst being mandated alongside UK critical need requirements. The Impact Fund is being established as a Charitable Trust, where the focus of critical response includes:
- Climate Change
- Natural Resources
The Fund aims to deliver this by having an independent Advisory Board comprised of:
- Clinical Health Lead
- Public Health Advisor
- Global Supply Chain Advisor
- Commercial Law Advisor
- Risk Management Advisor
- HMG Advisor and Independent Oversight Function
Each mission is mandated via "Mission-Based-Mandates" or "MBMs", where the first "MBM" is the Covid-19 Bereavement Fund.
Impact Fund Constitution