Partnering with philanthropists, impact investors and mission-led businesses should become the norm across government, says Darren Jones, but concerns emerge that grassroots organisations might struggle to be heard by policymakers.
OPINION: The £28bn National Wealth Fund’s new strategy firmly closed the door on social enterprises and charities, says Social Investment Business’s Jack Wakefield. The social economy should have equal access to public finance.
New Philanthropy Capital claims it's made the first estimate of the scale of the UK’s impact economy, bringing together impact-led businesses, charities, political parties and others, while omitting co-operatives and employee-led businesses.
Quadrennial review praises Access for its success in providing wider access to social investment but highlights challenges as mobilising new sources of funding beyond dormant assets proves increasingly urgent.
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.
