PLUS: Japan’s banks team up for impact; €32m to support African health entrepreneurs; John Lewis and Hubbub join forces for the circular economy, and more – all the deals you need to know about this month.
Influential global group warns ambitious climate and social targets will not be met without much more private capital, and sets out “actionable” recommendations to get there, in what chair Nick Hurd describes as a “radical” and ambitious report.
PLUS: More COP26 headlines you may have missed; Esmee Fairbairn’s £10m impact investing pot; impact unicorns; blended finance rebound, Marshall Institute's £50m accelerator, a skills impact bond for India, Ecosia's new VC fund, and more.
How does a 20-something newcomer to finance shift his family's entire investment strategy? Heated arguments may be inevitable, but investing 100% for impact is no big deal, says Grupo Baobá's Fernando Scodro – and advisors need to catch up.
Coutts, Triodos, Bridges Fund Management among those in new B Corp coalition calling on financial firms around the world to rewrite their constitutions to legally commit to a social and environmental purpose.
Larry Fink, CEO of world’s largest asset manager, says public and private sectors must join forces to ensure emerging economies aren’t left behind in shift to net zero – and suggests rushing decarbonisation would lead to dangerous polarisation.
UK’s development finance institution says it will become “global leader” in climate finance in Africa and south Asia with five-year commitment – following news that rich country pledges have not been met.
How does a social investment intermediary outlive shifting political winds, a global financial crisis, and much more? Matt Smith, CEO of Sheffield-based Key Fund, reflects on two decades of taking risks and staying true to the mission.
Latest Big Society Capital research reveals £6.4bn was invested in social sector organisations by the end of 2020, as investments in social property funds boom and Covid-19 support schemes drive momentum.