The impact investing movement is gaining momentum at a time when the world is facing unprecedented challenges. READ MORE
When she was growing up in Bangladesh, Durreen Shahnaz tended to rebel against tradition, preferring boys’ clothes to saris, and exploring the streets on her bike rather than staying indoors. Yet one thing she did not rebel against was the focus on charity that was central to her family’s Muslim faith. In the past three decades, she has been guided by her maverick spirit while staying true to her humanitarian values – a theme one can see clearly in her work. READ MORE
Innovative finance is emerging as a powerful tool for harnessing private sector capital to advance gender equality and women’s empowerment but remains limited in its scale to date due to challenges inherent in innovation. Philanthropic actors can help overcome these barriers and play a catalytic role in enabling innovative finance to reach its true potential in creating gendered impact. Using three case studies of innovative financial mechanisms that are applying a gender lens across Asia, Impact Investment Exchange (IIX) illustrates how innovative finance can create gendered impact and how philanthropic actors can use their resources to support the development of such funding mechanisms.
The recent McKinsey & Company report ‘Impact Investing Finds its Place in India’ is an interesting read with some valid insights on impact investing in India. However, having been in the impact investing space in India for more than a decade, I have witnessed the pendulum of impact investing swinging away from India towards other high-potential countries of South and South East Asia and believe it is time to zoom into the new frontier markets which have proven strong economic growth with high impact potential.
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