Analysis of 5,000 impact funds investing in private markets shows a record US$1tn in impact assets under management, but capital flows dropped by nearly half in two years, aligning with wider negative trends in impact investing.
Veja and FabricAid founders among 21 award winners praised for their “extraordinary resilience” as they face unprecedented funding cuts and political upheaval.
OPINION: Racial equity is missing from the UK government’s Pride in Place strategy, says Asher Craig of the Pathway Fund. This overlooks what is possible when the potential of BEM communities is unlocked.
Momentum grows among companies and investors to back a sustainable “blue economy” – while governments turn to the private sector to mobilise capital towards the most underfunded SDG at international gathering in Nice last week.
This week: Church of England prepares for controversy over reparations fund; catalytic EU funding creates three Eastern European impact funds; Hey Girls’ Celia Hodson’s next move; DEI nosedive; a new funders platform for Asia, and more.
Sir Ronald Cohen, the impact investing pioneer, is pre-launching an artificial intelligence avatar which discusses his ideas and reflections. We put it to the test.
This week: ‘not-for-profit’ actor Michael Sheen recognised by Time magazine, GIIN focuses on Japan’s ‘inspiring’ momentum for impact investing, and B Corps continue to rise.
Humanitix opens UK office in Edinburgh with announcement of £500,000 annual prize for UK social enterprises and charities, and promise of focus on events accessibility for people with disabilities
£440m of dormant assets is allocated in new government strategy, including £87.5m for social investment and a commitment to follow sector recommendations – but the amount remains ‘modest’ in the face of current challenges.
