£440m of dormant assets is allocated in new government strategy, including £87.5m for social investment and a commitment to follow sector recommendations – but the amount remains ‘modest’ in the face of current challenges.
This week: Sir Ronald Cohen’s social investment solution for UK child poverty, Kresse Wesling bags $100k Cartier impact award, Mirova merger – and more.
As Big Issue Invest celebrates achieving £100m of social investments during its first 20 years, executive chair Mark Porter reflects on the UK social investor’s journey so far and the challenges that lie ahead.
This week: citizens’ call to invest Norway’s oil wealth for impact; world’s first ‘Mindfulness City’ set to nurture social entrepreneurs; BlueMark’s Making the Mark impact management leaderboard out now – and more.
As Convergence publishes figures showing the blended finance market held strong in 2024, it predicts that US-led international assistance budget cuts will put smaller, high-impact deals most at risk.
This week: UK trusts collaborate to back first Black female-founded social investor; Aunnie Patton Power aims to scale ‘innovative finance’; Tribe acquires Snowball – and B Corps feature in their own film series.
The newly launched Arab Impact Network aims to build an inclusive movement of impact organisations and ‘change the region’s narrative from one of scarcity to opportunity’.
People displaced by conflict don’t have to be passive recipients of donations. Vadym Georgienko explains how a pilot of the ‘Citizen Token System’, which he designed, has enabled entrepreneurs in a town in western Ukraine to thrive.
This week: Bill’s Gates to close in 20 years; Char Love joins House of Hackney to stand up for nature; OpenAI’s public benefit corporation restructure confirmed – and more.