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Investing in Regenerative Agriculture and Food
254 Charley Cummings - The silver bullet of regeneration is accounting
Oct 20, 2023
Charley Cummings, founder and CEO of Walden Mutual Bank, discusses the impact of starting a cooperative bank focused on the regional food system. They explore the importance of accounting, building sustainable food systems, and the potential of decentralized and resilient food systems. They also highlight the role of banking relationships and long-term investments in driving change, while expressing contrarian views on regenerative agriculture.
01:14:12
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Quick takeaways
- Building a cooperative bank owned by customers can have a significant impact on the regional food system.
- Accounting plays a crucial role in driving change by measuring and managing the depletion of natural resources and negative externalities.
Deep dives
Starting a Bank for Impact in the Regional Food System
The founder and CEO of Walden Mutual Bank discusses why he decided to start a bank focused on the regional food system. He emphasizes the importance of banking relationships and how they can have a significant impact on the environment and society. He also highlights the need for a long-term view and investment in entities that have a perpetual focus. The episode explores the role of accounting in driving change and the potential of decentralized systems in creating a more resilient food system. The guest challenges the belief that organic and regenerative agriculture can't feed the world, emphasizing the need for localized solutions and a broader understanding of the true cost of the current food system. The episode concludes with a discussion on the importance of taking action and making conscious choices, such as switching to a bank that aligns with one's values.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode