IMPACT 101: Place-based impact investing doesn't just mean investing in a particular city, region or rural area – so what does it mean? And why are pension funds, local authorities and asset managers getting involved?
The Just Transition Finance Challenge, described as 'key' to a fair and inclusive transition economy, was launched at the Finance for Impact summit this week, alongside new recommendations to scale impact investing across the financial sector.
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.
Amount raised is at lower end of previous estimates, but Big Society Capital “very pleased” with early demand given lockdown challenges of building trust with investors.
