Influential global group warns ambitious climate and social targets will not be met without much more private capital, and sets out “actionable” recommendations to get there, in what chair Nick Hurd describes as a “radical” and ambitious report.
Impact investing and COP26: GSG’s Cliff Prior warns of “substantial disruption”, while Impact Investing Institute’s Sarah Gordon says “siloing” social and environmental is still a big issue. Plus, an update from the G7 Impact Taskforce.
Latest Big Society Capital research reveals £6.4bn was invested in social sector organisations by the end of 2020, as investments in social property funds boom and Covid-19 support schemes drive momentum.
Nick Hurd, Ronald Cohen and Elizabeth Corley are joined by Douglas L Peterson of S&P Global in new Impact Taskforce which aims to emulate “rocket booster” effect of UK’s last G7 presidency on impact investment worldwide.
Government-funded Impact Programme and its 12 grantees – including GSG, GIIN, and Impact Investing Institute – in the dark on future financing, with 2021 aid budget still unconfirmed by ministers.
Damehood for Caroline Mason, the boss of leading grantmaker and social investor Esmée Fairbairn Foundation, plus accolades for many more in New Year Honours – but questions around an award of ‘empire’ persist.
Climate action and ESG investing are finally becoming areas of commercial opportunity, Mark Carney tells UK's Impact Investing Institute – and companies that fail to prepare for a net-zero transition will soon be seen as "unforgivable".
Investors and advisors are quick to justify why they won't consider investing in impact. But often their reasoning is based on misconceptions – and it's time to tackle the biggest hurdle of all, writes the boss of the Impact Investing Institute.
