GSG Impact

💸 Today wholesale impact investors throughout the world manage over $3bn. What are the lessons from their success, and how can we roll-out more at scale and pace? 📶 This new report details the experience of 19 GSG Impact National Partner 🌐 countries and regions in Africa, Europe, Asia and Latin America. 11 are established, managing an aggregated $3.1 billion, with eight in development, a 280% increase 📈 on the five in operation in 2019. Through an analysis of existing governance models, financial structures, funding sources, impact measurement practices, and investment strategies, set in the context of individual markets and countries, the report is a 🔎 “how to” guide for market builders, governments and both public and private sector investment managers. Detailed examples demonstrate the catalytic role of wholesale impact investors to attract additional capital, bring new impact investors to market and develop the broader market. Key criteria for success, wholesalers should:  🏛️ Have government support, but independent management 🎯 Take an impact first approach 💼 Focus on financing and developing intermediaries 🔄 Increase the flexibility and availability of capital 🌱 Be self-sustaining 🌍 Promote diversity, equity and inclusion 🤝 Collaborate with market stakeholders to innovate new investment products Read ⬇️ Cliff Prior │ Gila Norich│ Kyungmin Park│ JinKyung Choi │Sir Ronald Cohen│ Stephen Muers, Better Society Capital│ Ana Laura Fernández, Fondo de Fondos│Amma Lartey, Impact Investing Ghana│Austin Mwape, Peter Chintu, Zambian National Advisory Board for Impact Investment (NABII)│Etemore Glover - (MBA), Impact Investors Foundation IIF│Filipe Almeida │Masataka Uo, GSG Impact JAPAN │Chul Woo Moon│Jillisa Brown│Şafak Müderrisgil, Etki Yatırımı Danışma Kurulu "EYDK" - Impact Investing Advisory Board, Türkiye NAB│David Hetherington, Impact Investing Australia│Susanne Bregy, Bundesinitiative Impact Investing│Atika Benedikta│Monica Rossi, Impact Investing SA│Jose Luis Ruiz de Munain, SpainNAB │ Access - The Foundation for Social Investment│Pathway Fund │Silvia Manca │European Investment Fund (EIF) #wholesaler #ImpactInvesting #impactinvestors #SustainableFinance

At today’s G20 Social Summit in Rio, G20 For Impact, convened by Marcel Fukayama, will cover how impact solutions are helping deliver the Brazil G20 presidency priorities ⬇️ G20 for Impact is an international coalition🫱🏼🫲🏽🌐 brought together by Marcel Fukayama, Chair of Aliança pelo Impacto, our Brazil National Partner. Through-out the lead-up to next week’s G20 Summit, it has provided comprehensive recommendations to help deliver the Brazil G20 priorities, and ultimately enable the transition to an inclusive, equitable, and sustainable economy. GSG Impact has been delighted to support this work, and today our Chief Policy Officer, Sebastián Welisiejko, speaking 🗣️ at the G20 For Finance plenary at the Social Summit, will highlight how Outcomes Based Financing can drive innovation and value in public service delivery. Aligned with the G20 agenda, G20 For Impact has delivered a series of proposals throughout the process, with the recommendations structured within three areas: 🔓 Unlocking private capital 📊 Shifting economic models and indexes 🏛️ Improving the Institutional and regulatory environment to create impact economies To read all the proposals and learn more about G20 For Impact, please visit 🔗 g20peloimpacto.org We 👏 congratulate Marcel on this important initiative and look forward to continuing our work with G20 For Impact next year under the South African presidency of the G20. #sustainablefinance #g20 #SustainabilityStandards #g20brasil Global Alliance of Impact Lawyers (GAIL), Sistema B Brasil, Impact Europe, Latimpacto, AVPN, Skoll Foundation, Ashoka, African Venture Philanthropy Alliance (AVPA), Schwab Foundation for Social Entrepreneurship, Climate Action Platform for Africa (CAP-A), Aspen Network of Development Entrepreneurs, B Lab, Catalyst 2030

💡Innovative pathways for financing 💶 impact oriented SMEs in Africa During the Donor Committee for Enterprise Development Global Seminar last month in Nairobi, Krisztina Tora explained how market builders can address SME access to finance issues through evidence and sharing best practices on a panel session moderated by Rory Tews. She also covered how investment vehicles—designed in collaboration with all ecosystem actors like those developed by GSG National Partners— are best placed to meet the specific financing needs of local SMEs.💸🫱🏽🫲🏿 Panelists insights: • Freddy Bob-Jones from Aceli Africa showed how innovative lending mechanisms can support small-holder farmers. 🌾  • Audrey Desiderato from Mirova shared her experience of investing in and supporting the growth of impact businesses, especially in the energy sector.⚡ • Drew von Glahn from Collaborative for Frontier Finance explained how donors and DFIs can better support the SME finance segment with existing tools.⚙️ Some of the examples highlighted during the event included: 🔸 Victor Ndiege & Kenya Climate Ventures (KCV) have already made 23 climate smart and gender inclusive investments valued at ~$4M USD 🔸Balloon Ventures provides small loans and business support in Kenya and Uganda, helping 500 entrepreneurs create 4,200 quality jobs 🔸 Esther Ndeti & Unconventional Capital  just launched a $30M USD fund to provide tech boosted revenue-based financing for early-stage businesses in Africa 🔸 Wakiuru Njuguna & HEVA Fund has supported creative enterprises with $10M in innovative financing for the past decade. The Systems Map from the plenary session illustrates the complex 🔀 landscape of SME financing. It highlights critical gaps 🕳️ such as the lack of coordination among local banks, the cautious approach of private investors, and the disconnect between donors/DFIs and SME requirements. #SMEFinance #CatalyticCapital #ImpactInvesting #EmergingMarkets 

In the run up to this month’s G20 Brasil 2024 meeting in Rio, GSG Impact welcomes G20 Finance Ministers’ recognition 🎯 that sustainability disclosure standards consider the needs of emerging markets and smaller companies ⬇️ Leaders of the world’s largest economies will gather in Rio de Janeiro, 📅 November 18 and 19 for the G20 Leaders' Summit. 🇧🇷 Ahead of this meeting, Finance Ministers and Central Bank governors, have issued a communiqué addressing the overarching priorities established by the Brazilian Presidency. 📊 Our analysis shows that to date the development of international sustainability disclosure standards has not considered the realities of emerging economies. This carries the risk that these standards are not fit for purpose in the world’s most populous and vulnerable regions. In early 2024, supported by National Partners in Africa, Asia and Latin America, we conducted a series of comprehensive capacity building events in nine key emerging economies 🌍 and consulted with over 500 stakeholders to address this issue. The key learnings and subsequent recommendations described in our report “Impact Transparency From the Ground Up”🔗 https://lnkd.in/dEr9rNPt informed our 2024 contribution as Knowledge Partner 📚 🫱🏽🫲🏻 to the G20 Sustainable Finance Working Group. Well aligned with this work, the communique states: ❝We also welcome the recommendations to address the implementation challenges related to sustainability reporting standards, such as those developed by the International Sustainability Standards Board (ISSB), including for Small and Medium Enterprises (SMEs) and EMDEs. These recommendations promote reliable, comparable, and interoperable sustainability reporting disclosure standards, which are flexible and take into account country-specific circumstances.❞ This is hugely encouraging 🚀 as we continue our work, both on the ground in emerging economies and with international standard setters, to ensure sustainability disclosure standards work for everyone. Sebastián Welisiejko, Santiago Sueiro, María Emilia Cerra, Uriel Basualdo Franchino, Foreign, Commonwealth and Development Office, International Sustainability Standards Board (ISSB), International Foundation For Valuing Impacts (IFVI), UNDP #sustainablefinance #g20 #SustainabilityStandards #g20brasil

Join leaders 🗣️ from across the GSG Impact Partnership at #ImpactWeek organised by Impact Europe in Bilbao on 27-29 November. Our European National Partners play a vital role in growing impact investing in their countries, get the latest on their work and future plans from: 🇧🇪 Steven Serneels, Impact Finance Belgium 🇳🇱 Laure Wessemius-Chibrac, Netherlands Advisory Board on Impact Investing 🇫🇷 Thierry Sibieude, FAIR - Label Finansol 🇪🇸 Jose Moncada Durruti, SpainNAB Moderador: Álvaro Molina de Porres, EY 📆 28 November │ 4:15 UTC +1 📍 Bilbao, Spain Register 👉 https://lnkd.in/dsX9sM34 #ImpactInvesting #impacteconomy #spain

India Impact Investment Trends: Climate-tech 🌱🤖 investments deals take the largest piece of the pie 2023 saw 275 impact enterprises raise $2.9 billion in equity investments, a decline  📉 from the $6 billion in 2022, according to the latest report from Impact Investors Council (IIC), our National Partner. 🇮🇳 • In 2023, the Climate-tech sector attracted $804 million across 123 deals, making it the 🔝 top-performing sector in India's impact investment landscape • The next $695 million went to companies in the financial inclusion sector with Fintechs and SME financing companies dominating innovative 💡 financing • The largest deal of the year was in the Healthcare 🩺 sector with PharmEasy raising $420 million ♀ Women-founded enterprises raised 🚀 a total of $217 million, 17% of the total raised in equity deals, demonstrating the importance of gender-lens investing Read the full report by our National Partner ⬇️ #India #ImpactInvesting #ClimateTech #GenderLensInvesting Acknowledgements: Divya Pinge, Varun Reddy and ICC team, Omnivore (Reihem Roy, Saborni Poddar), abcIMPACT, A Member of Temasek Trust Asset Management (Sugandhi Matta, Zuo Yi Yeo), Enzia Ventures ( Namita Dalmia), Elevar Equity (Jyotsna Krishnan), Somerset Indus Capital Partners (Zulfikar Trivedi), Chiratae Ventures (Sudhir Sethi, Pavan Balakrishna, Kailashnath M S, CFA), British International Investment (Aparna Mangla, Ragini Pillai), Parinama Group (Guneet Banga)

📈 Scaling SME Finance in Emerging Markets: Insights from DGGF’s 10-Year Knowledge Sharing Event Last month, GSG Impact’s Alasdair Maclay, joined an expert panel at the Dutch Good Growth Fund (DGGF) event hosted by Triple Jump, PwC, and Ministerie van Buitenlandse Zaken. The event marked 10 years of DGGF financing 12,000 SMEs in emerging markets supporting 150,000 jobs 👷🏽♂️, and celebrated the growth in African venture investment from 💵 $100M in 2014 to over $3.5B in 2024. During Alasdair’s opening plenary, he called for an issue-led approach, emphasising the value of collaborative partnerships and the need for sustained impact ecosystems. Using a 🪴 ‘fertile soil’ analogy, he effectively illustrated the need to create the right ✅️ conditions for growth—an idea that resonated with the many agri-investors at the event. Together with close partners of GSG Impact including Argidius Foundation (Harry Devonshire), Collaborative for Frontier Finance (Drew von Glahn), British International Investment (Sarah Marchand), Ci-Gaba Fund of Funds & Savannah Impact Advisory (Hamdiya Ismaila), Dalberg & Scaling Impact (Kusi H.), and Ceniarth (Diane Isenberg & Harry Davies), discussions covered: 🌐 the need for citizens' engagement to push governments  🌾 advances in agritech in India  📍 place-based investment in Sudan Thank you to DGGF for initiating crucial discussions that will set the foundation for the next decade of growth. #SMEFinance #EmergingMarkets #ImpactInvesting #SustainableFinance

💡 MASTERCLASS: Reimagining sustainable finance through the power of natural capital investing Join GSG Impact at FT Live’s Global Wealth Management Summit on 6-7 November, where our Chief Strategy Officer, Alasdair Maclay, will be speaking. He'll cover:   🔸 How can wealth managers play a role in reframing ESG, and will the current global pullback ultimately lead to the creation of more credible products?   🔸 Aside from natural capital credits, what tangible biodiversity investment opportunities are emerging?  🔸 How are small nature projects being scaled, and how can clients ensure their capital has a direct impact? Other speakers include: 🔹Romie Goedicke den Hertog, United Nations Environment Programme Finance Initiative (UNEP FI) 🔹Margaret Franklin, CFA, CFA Institute 🔹Harlin Singh Urofsky, Citi 🔹Elisa Battaglia Trovato, Professional Wealth Management Financial Times 🗓️ 7 November 2024 |11:50 AM - 12:35 PM GMT +0   📍 The Landmark, London  | In-Person & Digital | Register now 🔗 https://lnkd.in/ddB7UAtB #FTWealth #impactinvesting #NetZero #WealthManagement

Learn how impact investing can be scaled 📶 in emerging markets at our Dutch National Partner’s latest webinar on 📅 November 14th, 2024. The webinar is organised by the Netherlands Advisory Board on Impact Investing in collaboration with the Sustainable Pension Investments Lab (SPIL), and hosted by FMO - Dutch entrepreneurial development bank. It will explore the key findings from: 🔹"Ecosystem Building in Emerging Markets: Challenges in Scaling Impact Investing for Stakeholder Groups." NAB 🔹"Invest Where it is Needed Most: The Opportunities for Pension Funds for Impact Investing in Emerging Markets." SPIL 🗣️ GSG Impact’s Atieno Otonglo will share insights on the challenges and practical solutions needed to unlock impact capital in emerging markets. 🔑 Other speakers: Thomas Nauta, Ministerie van Buitenlandse Zaken Marcel Jeucken, SustFin Ltd Jaap Reinking, FMO - Dutch entrepreneurial development bank 🗓️ November 14, 2024 🕒 11:00 AM - 1:00 PM CET Register here ➡️ https://lnkd.in/gmBzWAHW #impactinvesting #emergingmarkets #EM #solutions

📢 Join a landmark study shaping the future of investment Our UK National Partner, the Impact Investing Institute has partnered with Ipsos UK, an independent market research agency, to launch a first-of-its-kind research initiative examining how investment professionals conceptualise and approach investment purpose in today's evolving market landscape. This comprehensive study explores:  🔹Core principles driving modern investment strategies  🔹Critical decision-making factors in investment processes  🔹The interplay between risk, return, and sustainability considerations    🗣️🙋🏽♀️ Your perspective on the above is invaluable. By participating in a brief 5–10-minute survey, you will contribute to research that will provide unique insights into the transformation of investment narratives and practices. You’ll also get a chance to enter a prize draw for a £75 💳 voucher. Key details:  ⏰Deadline: Tuesday, 19th November  ⏳Time required: 10 minutes  🔒Confidentiality: All responses will be anonymised and will be presented only as aggregated statistics for research purposes 🟢 Participate in the Survey ➜ https://lnkd.in/gvQBsaev Your network's voice matters: We encourage you to share this survey with fellow investment professionals. Each response strengthens our ability to map the changing investment landscape and provide actionable insights and tools to the industry. #ImpactInvesting #SustainableFinance #MarketResearch #FinancialInnovation