Report from Nick Hurd-led group of leaders says development finance institutions need to find more effective ways to mobilise private capital for impact in emerging economies if world is to meet SDGs.
Blended finance is no magic wand – and there's little reason to use it in most of Asia, one expert says. Plus, more positive sentiments from speakers at this week's gathering in Spain – but a plea for “more African representation” next time.
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.
Nigerian entrepreneur calls for boldness and ‘deliberate action’ to address inequality – and urges GSG Summit audience to consider how their actions affect Africans, including those fleeing the continent on a ‘journey to nowhere’.
The global impact deals, reports and initiatives you need to know about this month – all in one place. Featuring Armenia's VIA Fund, the Africa Impact Investing Group, Charity Bank, Leapfrog, BNP Paribas and many more.
OPINION: Coca-Cola did $3bn-worth of environmental damage in 2019, and the negative health impact of Danone’s products was nearly $8bn, reveals a new accounting approach. The time is up for self-serving, inaccurate ESG reporting.
The more that impact measurement is relied on to shape investor decisions, the more worried we should be, says Dr Jess Daggers: the information gathered does not necessarily correspond with reality, and yet few take this risk into account.
The Mumbai slum romanticised in the film Slumdog Millionaire is to be redeveloped – but current plans ignore its function as a hub of enterprise and creativity. Sustainability-linked finance could unlock an alternative future.
The Global Steering Group for Impact Investment appoints former UK minister to role, although social investment pioneer Ronald Cohen has emphasised he isn’t ‘hanging up his boots’ just yet.
