Covid, war, economic downturn: impact investors are feeling the pinch this year. But will they retreat and focus on keeping existing portfolio companies alive and kicking, or can we feel optimistic about further growth?
Impact investors must show ‘humility’ as market still highly dependent on those seeking below-market rate returns, says European Investment Fund’s Cyril Gouiffes. We report from day one of the ChangeNOW conference in Paris.
PLUS: Croatia’s first social impact fund, $100m financing partnership for emerging market ventures, new ‘repayable grants’ for Scottish environmental businesses, Canada’s MaRS Catalyst Fund rebrands and expands, and more.