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.
Brazilian historians call on impact investors to help prevent the “erasing” of history – and on corporates to lead the way towards racial equity. We report from day one of the Latimpacto annual conference in Rio de Janeiro.
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.
Historic abuse of human rights is hardwired into our financial accounting systems, says our columnist – and so-called solutions to global inequality are merely wallpapering over the cracks.
Plus: Bridges raises £35m for second social outcomes fund, Palladium's first impact fund targets $40m for African small businesses, Scotland's first community-owned school building and impactful chocolate in Indonesia...
