PLUS: JPMorgan Chase commits £1.2m to Fair4All Finance to improve financial inclusion; IIX launches coalition to develop first gender-lens ‘asset class’; UK impact investments estimated at £58bn; and more.
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: Africa's first social bonds; first Women's Livelihood Bond matures; $58m fund to help farmers adapt to climate change; Bridges sells majority stake in World of Books, and more – all the deals you need to know about this month.
PLUS: Covid-19 announcements you may have missed; ADB Ventures tech fund raises first $50m; EU invests €1m in Oneplanetcrowd platform; grants for UK energy innovators; and more from the world of investing for good.
Has the UK lost its leadership position on impact investing? Does it actually matter? If the new Impact Investing Institute is to retake the lead for the UK, it will first need to establish the direction it wants to lead in, points out our columnist.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
IIX founder Durreen Shahnaz describes herself as "a woman, a Muslim and a passionate feminist". She recently wrote to President Trump telling him why he should back impact investment. The letter is so good that we're reprinting it in full.