The Mumbai slum romanticised in the film Slumdog Millionaire is to be redeveloped – but current plans ignore its function as a hub of enterprise and creativity. Sustainability-linked finance could unlock an alternative future.
GSG Impact Honors 2019 also won by Dr Consulta, Zurich Insurance, PGGM and Sonen Capital – named as "examples to follow" in using impact capital to achieve social and environmental goals.
"Social enterprises need access to smaller loans and blends of loan and grant which can help them to grow," concludes a new report published by Social Enterprise UK and the Access Foundation.