The poorest people in the world are the worst hit by the climate crisis. Amal-Lee Amin of the UK’s CDC Group tells us how development finance institutions must help get money to where it’s most needed to fight the biggest climate injustice that we face.
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 says it will become “global leader” in climate finance in Africa and south Asia with five-year commitment – following news that rich country pledges have not been met.
PLUS: Pioneering revenue-based fund launches in Scotland; Back Market raises $335m in “bullish” circular economy market; AU$8m boost for Queensland social enterprises; Dutch trio backs “truly disruptive” AI firm Envision – and more.
BlueMark's in-depth review of 30 investors – with a combined $99bn in impact assets under management – finds more than half not aligned with SDG targets, while cost constraints mean only 11% engage with stakeholders to assess their impact.
PLUS: Social Impact Ventures rebrands and doubles fund size; Save the Children Australia impact fund opens for business; UN’s first outcomes fund; the new $400m 'blank-cheque' sustainability company; and more.