David McConvile and I are using some explicit wording for what he and I are separately working on, using a similar approach in two different venues. The approach was described in the previous blog post here. We are both place-sourcing using pattern recognition to create regenerative communities across a network. We’re using this meaning of regenerative designHe  is working in Montreal and Paris with a group of interdisciplinary scientists and artists. At neighborhood economics we are working with a network of small towns and cities that are on the path to being regenerative places; places the kids want to move back to and bring the grandkids.

Place sourcing, means using an approach of looking at local assets and needs in order to devise, working with the people who live there, (pattern recognition) a culturally literate solution that uses Neighborhood Economics suite of local funding tools to increase the flow of capital into neighborhoods. That means more local business starts, an increase in affordable housing and hiring inclusion and healthier watersheds in their bioregion.

What do we mean by regenerative? One simple answer is that is the next step beyond sustainable and a path to a higher future than simple resilience, which is about the essential task of reacting and coming back to a positive equilibrium after a shock like a climate change influenced flood or tsunami or earthquake or war or terrorism. John Fullerton has written well about it, and this article summarizes his sometimes complicated approach well. Fullerton’s Capital Institute has a white paper on regenerative capitalism here. A video on the road to Regenerative Capitalism is here.

Ps, David’s and Fullerton’s vocabulary and framing of concepts around regeneration was actually created by Bill Reed and it is work that took a long time,and from which my Reinventure Capital partner Shaun Paul also borrows and follows.