First introduced in 2007 as a niche investment strategy for enterprising philanthropists and foundations, the field of “impact investing” has since transitioned into a much broader movement: the “impact economy”. In a world confronted with numerous and overlapping crises, the impact economy provides a holistic framework for how we create, exchange, and distribute value.
The impact economy envisions a future where impact investing is not just an option for niche players in the investment landscape, but a norm for the economy. In this future, investors would unleash more capital for social good, and entrepreneurs would build more innovative and scalable businesses that simultaneously match market demand and meet societal needs. Consumers would vote with their wallets for social businesses while governments and public agencies create more sustainable policies from the…
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I by IMD (Digital) - 1 Issue, 11. September 2023