Racial and Economic Justice Investment Fund

Driving Change Through Racial and Economic Justice Investments

We bridge the gap between social injustice and economic opportunity. By supporting communities of colour, we empower sustainable change, and foster inclusive economies across Europe.

Building a Future Rooted in Equity 

Our mission is simple: eliminate the economic barriers faced by racialised communities. Traditional investment models often ignore marginalised groups, leaving a vast social and economic divide. The Racial and Economic Justice Investment (REJI) Fund directly addresses these systemic injustices. 

By investing in initiatives that target racial justice, we support innovative solutions to uplift communities and create lasting societal impact. Whether it’s providing resources for Black-owned businesses or fostering inclusive workplaces. 

Structurally Different

We partner with like-minded investors and stakeholders to gather funds, leveraging Foundation ENAR expertise and network to support racialised communities and organisations committed to sustainable, equity-driven solutions, focusing on:

Why This Fund Matters Now

Systemic racism and economic disparity are not new problems. They’ve been embedded in our systems for generations. This fund is designed to change that narrative by empowering community-led initiatives that fight against inequality. 

We invest in areas where traditional funding falls short, ensuring that people of colour not only participate in the economy but thrive within it. This is more than an investment. It’s a movement toward a fairer, more just Europe. 

A Future Where Everyone Can Thrive

This fund aims to drive social impact by: 
  • Supporting racial and economic justice initiatives;

  • Investing in minority-owned businesses;

  • Promoting workplace diversity and inclusive policies; 

  • Reducing wealth inequality within marginalised groups.

We are developing the REJI Fund and we are seeking like-minded funders

"The Climate Finance Fund recognises Europe is lagging behind in analysing, understanding, and repairing the significant investment gaps in racialised communities that need to be at the heart of climate transition efforts. That is why we are supporting ENAR Foundation to take pioneering steps to develop Europe's first pan-European investment vehicle that aims to solve this problem head-on."  

Marilyn Waite, Managing Director of The Climate Finance Fund, one of ENAR Foundation REJI’s biggest funders 

The REJI Fund has been developed by Foundation ENAR as a result of the ENAR association’s report on Climate Justice. The report underlined how the current climate crisis disproportionately impacts racialised communities.

Marilyn Waite CFF

To address the climate crisis, we must: 

  • acknowledge and account for the systemic contribution that led to the crisis,  

  • champion participation and involvement of affected communities in its resolution,  

  • make funding available to the impacted communities to end it.

Kim Smouter, Director of Foundation ENAR, believes that “in today’s society, capital remains one of the most important levers to achieve self-determination for communities and individuals alike. However, capital has often been the very source and reinforcer of structures of inequity.”  

We are seeking and are counting on funders who aim to invest in racialised-led initiatives, and disproportionately climate affected communities, like The Climate Finance Fund, who is one of the biggest donors of the REJI Fund. In order for us to fulfil our goal of building a systemically inclusive society, we need help from donors who want to be a part of Foundation ENAR mission to bridge the gap between social injustice and economic opportunity.

Kim Smouter ENAR Foundation

Why funders should support the REJI Fund powered by Foundation ENAR

"We are not building another impact investment vehicle. By mobilising capital towards racial and economic justice, we are shifting the historical structures of inequity and place self-determination in the hands of those most affected. With the right resources and framework to create sustainable growth.," Louis-Georges Regis, Head of the REJI Fund.

Foundation ENAR is in a unique position as a trusted facilitator of change, acting as a pathway between like-minded funders and marginalised communities in need.  

If you’d like to discuss about funding our REJI initiative, reach out to us by email at info@enarfoundation.eu.  

If you are seeking funding for a project that would fall under our scope, please make sure to follow us on Linkedin and stay in touch. We appreciate your support in spreading the word about our REJI Fund!