Fondo de Impacto Social – or Social Impact Fund – is announced at the GSG Global Impact Summit with an aim to further boost Spain’s thriving impact investment market.
Women workers outnumber men in social economy organisations; leadership and pay gaps are also lower than in the wider economy. But a “considerable glass ceiling” persists. The OECD argues this needs to change.
PLUS: LeapFrog reaches 5% of low-income population; philanthropists back maternal and child healthcare fund in Asia; BlueOrchard launches financial inclusion fund; and more.
Spain's impact investment market is consolidating according to new research launched at SpainNAB's third annual event, with strong growth from private sector investors but calls for more public sector involvement.
At the Future of Europe conference in Strasbourg, Yolanda Díaz commits to making social economy a priority, while French secretary of state Olivia Grégoire says the sector shows "a path forward" for the reinvention of Europe.
The changemaking bug often starts early in life – and the earlier the start, the bigger the ambition, according to Ashoka research. All the more important for adults to be ‘non-controlling allies’ who encourage the innovators of the future.
The Glasgow talks – and hundreds of fringe events – are wrapping up today, but what next for business and finance? Hear what some ministers, CEOs and impact investing leaders have to say, in our pick of the fortnight's quotes.
PLUS: ABN AMRO’s sustainable impact fund; UK’s £30m social investment pilot for housing; investor coalition supports ‘just transition’; NESsT gets grant to support impact enterprises in the Amazon region, and more.