To achieve systems change, attention must be paid not just to formal procedures or activity, but also to culture, and in particular, to a culture that is results-based and focuses on accountability, says Zia Khan of the Rockefeller Foundation.
Denmark, Iceland and other northern European nations topped this year's scores. The U.S. came in at #18 behind other nations like Japan and Spain. Countries in sub-Saharan Africa and Central America were among those that ranked lowest.
Asia's rapid growth in recent decades has been bittersweet, as the region has had to deal with the environmental footprint of its growth while maturing its social economies to better serve the interests of all its citizens.
Save the Children has released its End of Childhood Index, which scores countries by factors that "end" childhood, such as malnutrition, violence, teen pregnancy and lack of access to education. Dr. Jill Biden and Carolyn Miles, president and CEO of the non-profit, are among who have been involved in the work.
The report, commissioned by the Kresge Foundation identifies capital hurdles and opportunity roadmaps to utilize various forms of capital – including mission-related and program-related investments (PRIs)– to support America’s need for talent.
The study's outcome suggests that impact investing in the Asian region suffers from weaker networks between investors and SMEs, lack of proven data or better measuring tools, and perceptions of higher risk.
Investments to make electricity more accessible in rural Africa need to focus on smaller-scale projects and embrace renewables like solar, wind, and other more innovative off-grid technologies. It not only makes more sense but is also, in the longer term, cheaper, the report says.
The WHEB Sustainability Fund report adds to the growing body of positive data on the performance of impact investments, and highlights the importance of rigorous measurement and active management.
More than 90% of impact investors report feeling satisfied with the performance of their investments, says GIIN in its latest investor survey. Additionally, the size of the impact investing market has grown to $114 billion. The survey's outcome, says GIIN CEO Amit Bouri, is "most encouraging."