PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
PLUS: Japan’s banks team up for impact; €32m to support African health entrepreneurs; John Lewis and Hubbub join forces for the circular economy, and more – all the deals you need to know about this month.
UK’s development finance institution announces broader remit, big jump in climate investing, and commitment to gender finance. Plus, Google’s Diana Layfield to become first-ever female chair.
PLUS: A first crowdfunded impact bond Israel and a new ‘career impact bond’ for American students; MacArthur Foundation’s catalytic capital investment; new climate fund from Aberdeen Standard and Big Issue Group, and more.
At a debate in London this week, impact investors debated if a compromise has to be made between social and financial returns. Some home truths might have been hard for the optimists to hear.
