IIX and partners will develop standards for a new type of debt security, which the organisation says could unlock $10bn in gender-lens investing and improve the lives of 100m women by 2030.
PLUS: BlueMark raises $3.75m; electronics repair unicorn BackMarket reaches $5.7bn valuation, and more: our regular impact finance bulletin brings you the latest funds, deals and programmes in the world of investing for good.
PLUS: Africa's first social bonds; first Women's Livelihood Bond matures; $58m fund to help farmers adapt to climate change; Bridges sells majority stake in World of Books, and more – all the deals you need to know about this month.
PLUS: New impact firm Engine No. 1 to ‘harness capitalism for positive change’; Turner Impact Capital closes $350m workforce housing fund; IIX launches $27m bond to help women rebuild livelihoods, December impact reports; and more.
The Singapore-based capital firm is issuing its third Women’s Livelihood Bond aimed at creating sustainable livelihoods for women in developing countries – and its first to focus on Covid-19 recovery.
