PLUS: Blue Impact Fund first of its kind in UK; Germany's EIF-backed social innovation fund; Bain Capital raises $800m for second impact investing fund; Los Angeles' Everytable raises $16m in Series B round; and more.

Climate action and ESG investing are finally becoming areas of commercial opportunity, Mark Carney tells UK's Impact Investing Institute – and companies that fail to prepare for a net-zero transition will soon be seen as "unforgivable". 

Covid-19 has highlighted the fact that many common forms of social investment are inflexible and have failed the social enterprises they seek to support, says Ben Smith, head of social investment at Esmée Fairbairn Foundation. But being patient and flexible is not without its challenges.

Social enterprises may be missing a trick if they’re not engaging local individuals as micro-investors – and their own staff and volunteers could lead the way, says the director of Scottish Communities Finance.

Three months after the first-ever major review of Big Society Capital's work, the interim CEO says the priorities now are communicating better, influencing government and addressing a culture that can be off-putting to outsiders.

SOCAP Virtual: How a new type of ‘pay-for-success’ deal is giving job-seekers the skills to fill vacant positions – and proving an attractive proposition for impact investors and training providers alike.

SOCAP Virtual: To make real progress on today's meatiest problems, impact investors themselves may need to make uncomfortable changes. Some insiders, at least, are not convinced they’re willing to do so.

SOCAP Virtual: Previously the message to government was: step aside and let us get on with it. Now advocates of impact investing want Washington to step up – regardless of who’s in the White House.

Bringing more capital to impact is crucial now, and there are four steps the impact investing community can take to make it happen, says the founder and president of Spain's Social Nest Foundation.