Inaugural awards scheme, run in partnership with African Venture Philanthropy Alliance, aims to showcase “inventiveness” of Africa’s investors and market builders. Entries are open until 31 March.
INTERVIEW: Putting a price tag on a company’s social and environmental impact is the only way to demonstrate its true profit and loss, believes Sir Ronald Cohen, who is now focusing on driving forward the next accounting revolution.
The impact investment market still represents only 0.5% of the €17.8tn investment market in Europe – still not enough, warn EVPA and GSG, as they present the first harmonised market sizing of the continent.
The institute launches this week in Brussels, together with landmark research on the Belgian market to kickstart Impact Week, which also includes the Ashoka Changemaker Summit and EVPA’s conference and C-Summit.
Larger businesses are often seen as the better investment bet. But for more resilient economies, we must focus on helping SMEs to flourish. GSG's Krisztina Tora on lessons from pioneering efforts in Zambia and Ghana.
PLUS: EdTech Provider APDS gains US$7m to 'transform the correctional system'; new report calls for US$6trn in impact investing improve urban slums; Wysa raises US$20m to expand AI-powered mental health services, and more.
New study by Global Steering Group for Impact Investment calls for a change in viewpoint from seeing slums and their inhabitants as a problem and instead acknowledging the potential to transform urban liabilities into assets.
Reporting from this week’s GSG Impact Summit, Laura Joffre hears how data – however untidy – is “revolutionising” behaviour. Plus, the high-profile venture that wants to transform governance, and more top stories this week.
Head of Harvard Business School’s Impact-Weighted Accounts Project sets out his vision for true impact transparency as he emphasises that existing sustainability accounting approaches focus too much on risk.
