Theme
Investment

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"Impact investments are investments intended to create positive impact alongside financial return. Over the past few years, traditional investors have been increasingly interested by the nascent impact investment market and in 2010, the Global Impact Investing Network ("GIIN"), the Rockefeller Foundation and J.P. Morgan collaborated on a piece of research titled "Impact Investments: An Emerging Asset Class", which examined the market landscape, the characteristics of investments, and the size of potential investment opportunities.

This year, the GIIN and J.P. Morgan have partnered on an expanded survey, capturing data on over 2,200 private transactions totaling over USD 4bn of investment. In complement to this investment survey, we also surveyed investor views on investment philosophy and the overall development of the sector. The 2011 survey returned data from a broader and more geographically diverse pool of respondents. The questions explore returns, risk and impact measurement practices in more depth and also gauge general market perceptions."

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"Our new study builds on Dalberg's 2012 "Catalyzing Smallholder Agricultural Finance". It provides a sophisticated picture of how the smallholder finance space currently operates by describing the key actors and the nature of their interactions, and conceptualizing these in a new "industry model." The study identifies market frictions across the major components of the “industry model” that continue to inhibit smallholder farmers’ access to financial services and opportunities for removing them, and rallies sector actors around the need for more collective action than ever before."

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"This report highlights how traditional debt and equity financing structures often fail to adequately meet the needs of early-stage impact enterprises. It examines the pain points for both investors and entrepreneurs around traditional structures and the need for innovative instruments, provides examples of emerging and proven models, from revenue-based mezzanine debt to self-liquidating equity, and offers suggestions for concrete steps to advance the adoption of alternative structures to foster impact enterprises. 16 case studies from throughout Latin America aim to offer an overview of innovations both at the deal level and at the capital aggregation level, where holding companies and open-ended funds have proven to be potentially well suited for this space."

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"This paper's aim is to describe two complementary approaches to mobile data management, in the hopes that these descriptions will both generate feedback from other organizations already engaged in similar efforts and be useful to organizations with similar goals and challenges. And whilst this paper describes the efforts of two impact investors we believe this work has implications beyond impact investing, including foundations, governments and NGOs."

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"We are pleased to share with the impact community our review of 150 impact investing platforms, networks and organizations that promote, support or convene investors in the impact finance area. Prompted by our own experience as investors, technologists, and system designers, we were interested in better understanding prevailing business models and motivations for sharing (or hoarding!) data, innovations, and investors. Our analysis builds on ongoing work to design and develop an interoperable, global, modular, distributed, and democratic infrastructure for mobilizing data, innovations, and capital at the volume and velocity required to achieve the Sustainable Development Goals. Our purpose, in addition to providing an overview of the platform landscape, is to identify opportunities for alignment of prospective partners, around the strategy, design and implementation for such global impact infrastructure; and explore scenarios for collective action."

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"Drawing on available academic literature and policy evaluation studies, the report aims to identify the impact of public support through equity instruments on firm performance, and puts forward main lessons on policy design and implementation. It employs a mixed- method approach based on evaluation synthesis (Edler at al. 2008)."

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"O capítulo andino e o capítulo brasileiro criaram um relatório em conjunto que fornece uma visão geral do setor de inclusão financeira na América Latina, com foco no México e no Brasil. O relatório inclui um infográfico do cenário da inclusão financeira nos dois países, usando fatos e números apresentados ao longo de nossas reuniões e mesas-redondas do Learning Lab de Métricas.

Além disso, o relatório apresenta 3 tópicos relevantes sobre inclusão financeira: produtos e serviços financeiros centrados no usuário, infraestrutura necessária para acesso aos serviços financeiros e educação financeira. Cada tópico oferece uma introdução por especialistas e estudos de caso de diversos projetos na América Latina."

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"This study explores how the social entrepreneurship ecosystem can unite to develop an action plan on gender lens incubation and investing for enterprises focused on the low income market segment in India. It takes an international perspective with a geographical focus on India an emerging leader in innovation for the bottom of the pyramid (BOP) and is supported by examples of such innovative high impact, sustainable enterprises."

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"This primer provides family enterprises with clear explanations of the "why," "how," and "what" of impact investing. The following pages will illuminate the diversity of the impact investing marketplace as it exists today, and provide families with a basic understanding of how they can start making more impact investments more effectively."

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"A commonly held belief among investors is that impact investing-adding environmental, social or governance criteria to the investment selection process-will require a trade-off in performance. Though this may have been true in the early days of impact investing, the space has evolved significantly in the last decade.
In this paper, we will evaluate current impact investing by examining:
- What impact investing is and how it has evolved to be a viable investment approach
- How investors can maintain returns in their portfolios while investing for impact
- How impact investing can be used to identify risks and opportunities in the market
- Historical returns from a range of impact investments
- How investors can start accessing the impact investing marketplace today"

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