Everyone agrees we need more risk finance – so why are social investors still so bad at providing it? Our ‘Equalizer’ David Floyd asks if investors have the bottle to take big risks on ventures that could deliver major social impact.
PLUS: Acumen spinout 60 Decibels raises $1.7m, G20 leaders back more innovative financing to fund SDGs, Encourage Capital raises US$40m to bring clean energy financing solutions to Indian entrepreneurs, and more.
Client demand is prompting more impact investing, according to the latest annual survey from the Global Impact Investing Network (GIIN) – but more skilled professionals will be needed to keep up with growth in the industry.
PLUS: Generation Investment raises $1bn to invest in “sustainability revolution”, SIS Ventures makes first equity investment, North East Social Investment Fund invests £700k in employability and education, and more.
PLUS: SASC invests in sexual health charity Brook, Big Issue Invest announces £400k social impact bond, Acumen closes $70m energy fund for east Africa, Fair by Design backs challenger credit bureau Credit Kudos, and more.