This week: Church of England remains “committed” to £1bn slavery reparation fund despite rightwing lobbying campaign; MacArthur Foundation increases allocation to impact investing to US$750m; Too Good to Go expands beyond food, and more.
This week: Church of England’s £100m fund to address slavery link faces legal challenge, the GIIN’s CEO and co-founder Amit Bouri to step down, new report shows enterprise activities can help charities be more resilient, and more.
Church of England will use initial £100m commitment to catalyse further investment to the Fund for Healing, Repair and Justice to support global African diaspora, in what is hailed as a "watershed moment" for impact investing.
INTERVIEW: With its pilot £25m impact fund, the Church of England is becoming an important player in UK social investing. Vanessa Morphet tells us why it's all about being "catalytic" – and why the church's decentralised structure brings challenges.
Announcement follows investigation into Church Commissioners' links with 18th-century slave trade, but commitment could be dwarfed by impact investing initiatives already planned by individual churches.
