Blended finance is no magic wand – and there's little reason to use it in most of Asia, one expert says. Plus, more positive sentiments from speakers at this week's gathering in Spain – but a plea for “more African representation” next time.
US Impact Investing Alliance, B Lab and 50 others hope proposed White House Initiative on Inclusive Economic Growth will nudge policy and coordinate approaches to health, Covid recovery, racial inequality and climate change.
PLUS: Scotland’s £30m Third Sector Growth Fund; Ford Foundation seeds Black Feminist Fund with £15m; Big Issue Invest backs Sport England; Neighbourly raises £3m; National Academy for Social Prescribing funds 37 projects; and more.
Pursuing justice and dignity, not just charity, means acknowledging complicity in systems of inequality – and backing the 'troublemakers' who will hold you to account, says boss of influential US foundation.