ImpactAlpha

Today in #impinv news: ✏️ In Chile, impact investments are hiding in plain sight. ✏️ Climate change is driving up the price of your turkey dinner. ✏️ LeapFrog taps Asian investors to close fourth fund. 🎧 New York Foundation’s Rickke Mananzala on The Market Makers. https://hubs.li/Q02ZGH100

Today in #impinv news: ✏️ CDFI leaders plot a course forward. ✏️ Catalytic climate finance for emerging markets. ✏️ Egypt's green transition. ✏️ Institutional capital for affordable housing. https://hubs.li/Q02ZxFt20

Today in #impinv news: ✏️ Global climate talks end with a whimper and an outcry. ✏️ Illumen Capital raises Catalyst Fund to back first-time managers and entrepreneurs. ✏️ Financing for generators to condense water from the air. ✏️ With credit-risk guarantee, Builders Vision backstops the Bahamas’ debt-for-nature swap. https://hubs.li/Q02Zk1lZ0

Today in #impinv news: ✏️ Roundup: Rising incomes and shared prosperity. 🎧 Market Makers: James Veraldi on enhancing social connection – with AI. 🔎 Deal spotlight: Clean energy in Africa’s overlooked markets. https://hubs.li/Q02Z9qdd0

The Week in impact investing: Share the wealth 🗣 Economic justice. The takeaway from two weeks of listening to Agents of Impact digest the results of the US election: It’s time to lean hard into economic justice and systemic change. The coming period will see the dismantling of longstanding systems that no longer are working. What will replace them? “We’ve been trying to edit these systems and make them better,” Adasina Social Capital’s Rachel J. Robasciotti said on this week’s Agents of Impact Call. “Half of the country has told us that the time for editing is over. It’s not working for them.” Impact investors have long seen wealth and income inequality as systemic risks “to our investment portfolios, and ultimately to society and democracy,” said Smitha Das of World Education Services, “and I think recent events have really seen that play out.” The Call, which featured a dozen leaders sharing takeaways and calls to action, kicked off a week of candid conversations to chart the new risks and opportunities.  In a guest post, the The Rippel Foundation’s Rebecca Payne and Dr. Tiffany Manuel of TheCaseMade offered guidance on how to bridge differences to build a thriving future. A starting point: The majority support for local and national strategies and initiatives that raise wages, create quality jobs, expand ownership and build wealth for what at long last is being called “the working class.” Impact investing priorities, like affordable housing and infrastructure, employee ownership and small businesses, are issues “that the vast majority of Americans would consider beneficial and patriotic,” said impact advisor Antony Bugg-Levine. Such a patriotic narrative, he said, would signal that “we as an impact investing movement are aligned with what the vast majority of Americans want to see in how this economy changes.” Economic populism. Das said her team is more resolute than ever in investing to address the root causes of inequality. “The wealth gap is an ownership gap,” said Das, whose portfolio of more than a dozen investments aims to increase access to asset ownership for those who have been historically locked out. Jon Shell of Social Capital Partners said that across diverse constituencies, “the structure of the economy and ownership is an area of real agreement.” In an interview with ImpactAlpha to accompany his new Agents of Impact podcast, Jim Sorenson of the Sorenson Impact Group said he is “cautiously optimistic” about opportunities to advance market-based solutions for inclusive wealth building and economic mobility, including in the ownership economy. Impact investors will need a new playbook. “Wherever you can align an issue or a theme with what Trump has won or championed or promised, there’s opportunity,” he said. (continues in the Comments) https://lnkd.in/gM6pp6kf

Today in #impinv news: ✏️ Bridge building and forceful stewardship. ✏️ Digital financial services to rural Colombia. ✏️ AI solutions for climate. ✏️ Pushing back on the “the non-profit killer." https://hubs.li/Q02Z215X0

Today in #impinv news: ✏️ Catalytic warehousing for climate investing. ✏️ Deep sea desalination. ✏️ Financing climate hardtech. ✏️ Private investors warm to Africa’s frontier markets. https://hubs.li/Q02YTXgd0

Today in #impinv news: ✏️ EU’s missed opportunity on deforestation. ✏️ Clean water in East Africa. ✏️Remittances as a gateway to financial inclusion. 🎧 Jim Sorenson on inclusive wealth building in the Trump era. https://hubs.li/Q02YJ5HX0

Today in #impinv news: ☎️ Agents of Impact chart strategies for the era ahead. ✏️ Affordable workforce housing in Denver. ✏️ Debt financing for a hospital in Namibia. ✏️ Capital deployment models on display at COP29. https://hubs.li/Q02YvXkX0

Today in #impinv news: ✏️ Spectrum of strategies, from resistance to rapprochement. ✏️ Agent of Impact: Lightsmith Group’s Jay Koh on investing in adaptation. ✏️ Donald Trump Jr. turns impact investor to court conservative consumers. https://hubs.li/Q02Yl32q0