The very survival of some communities depends on their ability to adapt to the effects of climate change. Meanwhile, the cost of financing adaptation is soaring, while private sources fund just a tiny portion of this. Enter impact investing.
How do you build climate resilience of Vietnam's rice farmers? How do you boost the life chances of toddlers in Kenya? It’s complicated – but a solid impact management system is a good start, as the experience of two social enterprises shows.
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.
The UK government’s £160m IMPACT Programme helps boost impact investment in emerging markets. As a first batch of grants are announced, the programme's team leader shares three insights that will shape its priorities in the years to come.