The path to growth in Brazil (and beyond!) starts with investing in local leaders and solutions. Alix Lebec, shares an interesting article below from ImpactAlpha that highlights key insights on how innovative finance, catalytic philanthropy, and impact investing can unlock Brazil’s full potential. As we work to drive sustainable growth in emerging markets, aligning capital with local expertise and long-term solutions is critical. #ImpactInvesting #ImpInv #CatalyticPhilanthropy #SustainableGrowth #Brazil #InnovativeFinance
Thrilled to see these developments in Brazil, and have the opportunity to support great leaders and entrepreneurs such as Luana Génot leading this movement, alongside companies such as Carrefour, Danone, IKEA, and Salesforce . "Growth in Latin America’s largest country has largely stagnated in recent years, in part due to persistent inequality. The half of the population that identifies as Black has long faced barriers to credit, education and the formal economy. Investment in Brazil’s Black entrepreneurs, and thousands of impact businesses throughout the country, stands to get a boost from Brazil’s new National Impact Economy Strategy, or Enimpacto. The coordinated policy aims to address inequalities and environmental challenges, and boost impact investing in the country from $11 billion to $120 billion over 10 years with blended finance, investment incentives and more inclusive procurement. “We are committed to building a better world, a more inclusive world,” Lucas Ramalho Maciel, who heads “new economies” in the Brazilian ministry behind Enimpacto, told ImpactAlpha at FLII (video). “Investing in Brazil is investing to combat inequalities.” Thank you for sharing this article Gillian Marcelle, PhD and for this great piece ImpactAlpha. https://lnkd.in/e8fXMasN CC: Ellen McGirt Susan McPherson Vandana Hart Julia Wilkinson Francisco Jardim John Moyer Marlene Hormes, CFA Marisa Drew Marilia Bezerra Hector Mujica Rafia Qureshi Dr Sophie Chandauka MBE Brian Burlingame Jacki Zehner Arindam Nag #impinv #climate #Brazil