Global assets professionally managed under sustainable and responsible investment (SRI) strategies grew to nearly $23 trillion from $18.3 trillion in 2014, according to GSIA Global Sustainable Investment Alliance's biennial report. Climate change, China and the increasing awareness of sustainability were the main drivers.
Chivas Ventures has announced 30 finalists out of about 6,000 startups across the planet at its accelerator program at. The innovative and diverse group of 30 will go to Los Angeles in July to claim a share of $1 million in cash.
Hon. Morrison’s “fact-finding” housing affordability tour to London gave the treasurer ideas and motivation to innovate government funding and deliver better services. But advocates against the program say it may take a long time, if ever, before his new investment fund builds even one new affordable home.
Jim Chalmers, Federal Labor Member for Rankin, Shadow Minister for Finance in Australia, argues the need for impact investing in Australia, citing the successes of initial forays in the UK and US.
Up to $200K in a new program is being made available via a combination of a grant and low interest loan to social enterprises in Victoria. Low interest (2.5%) is available to help meet growth goals.