Friday, February 19, 2016
Impact Investing's Role in Global Development (Rockefeller Foundation)
I recently went to an event at the Center for Strategic and International Studies called 'Impact Investing: An Opportunity for Development?'. The event brought together a diverse panel of experts from the private and philanthropic sectors to discuss what the title implies: impact investing and its potential to address global issues.
With all the hype surrounding it these days, impact investing could easily be considered the magic remedy for international development and economic growth. Part of its allure is the promise that both investors and investees can win.
Saadia Madsbjerg, Managing Director at Rockefeller Foundation, opened up by pointing out the need for more capital for development. She noted that there was a $200 trillion funding gap in dealing with the problems in the developing world - a gap that impact investing could help fill. . .