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IIX Impact Snapshot

Get up-to-date on closed deals, new partnerships and market trends in the impact investing space through IIX’s bi-monthly.

Latest News

The Orange Bond Principles: A New Model for Investing in Women – DFC.gov

In a recent visit to the Philippines, Vice President Kamala Harris spoke of the returns generated by investing in women. “You lift up the economic status of a woman, her family will be lifted, her community will be lifted… Lift up the economic status of women, and all of society benefits,” she said. The multiplier effect of investing in women is well-established and underscores why DFC’s 2X Women’s Initiative is a key part of the agency’s work with the private sector to advance global development.

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Impact Investment Exchange Closes First ‘Orange Bond’ at US$50m to Invest in Women in Asia and Africa – Pioneers Post

Singapore’s IIX closes the latest in its Women’s Livelihood Bonds series which invest in high-impact enterprises focused on advancing gender equality.

Singapore-based Impact Investment Exchange (IIX) has raised US$50m for its fifth Women’s Livelihood Bond, set to improve the livelihoods of 300,000 women and girls in Asia and Africa.

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IIX Raises $50 Million for Fifth Women’s Livelihood Bond – Impact Alpha

ImpactAlpha, December 14 – Singapore-based IIX has raised $50 million for the fifth bond in its Women’s Livelihood Bond series. The bond will support 300,000 low-income women and girls in Asia and Africa. The bond is the first in the series to finance women-centric initiatives outside of Asia.

It is also the first designated under the Orange Bond Principles, which IIX spearheaded to shift capital in the $130 trillion global bond market to support women and girls. (Orange is the color used for Sustainable Development Goal No. 5, achieving gender equality.) The bond “will set the momentum for many Orange Bond transactions to come in the near future, making it a game changer for the sustainable financing market,” said Stephen Liberatore of Nuveen, an investor in the bond.

IIX is a pioneer of gender-focused listed bonds, launching its first Women’s Livelihood Bond in 2017. It raised $8 million.

The impact investment firm closed its fourth bond in the series, which invests in women’s climate resilience, earlier this year.

A portion of the fifth bond’s proceeds will also be used to “empower women to advance climate action,” the firm said.

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Press Releases

The Rockefeller Foundation’s Zero Gap Fund Mobilized $582M in Private Capital Towards UN Sustainable Development Goals -The Rockefeller Foundation

3rd annual report demonstrates initial impact of the Fund’s 18 million diverse, global portfolio

NEW YORK | July 18, 2022 – The Rockefeller Foundation released its annual Zero Gap Fund: 2021 State of the Portfolio report capturing the crucial role that catalytic capital plays in enabling investment solutions to solve the world’s most pressing challenges. Across its seven investments to date, the Fund has mobilized $582 million in private finance toward a diverse portfolio of high-impact investment strategies. The Fund added two investments in 2021, bringing total commitments to $18 million of the $30 million fund.

The Zero Gap Fund was launched in 2019 in partnership with the John D. and Catherine T. MacArthur Foundation. It deploys patient, risk-tolerant, and flexible capital into promising, impact-driven financial strategies and mechanisms that seek to boost large-scale private investment in advancing the UN Sustainable Development Goals (SDGs).

“Innovative financial mechanisms like those supported by the Zero Gap Fund demonstrate the power of catalytic capital to cultivate and scale impact-driven investment strategies. With the SDGs being undercut by Covid-19, climate change, and other crises, the need is both critical and urgent for investment solutions that marry impact and return and mobilize significant private capital to such strategies” said Maria Kozloski, Senior Vice President, Innovative Finance, The Rockefeller Foundation. “As the Zero Gap Fund’s portfolio matures, we are seeing encouraging results even in the face of broader instability in the market.”

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Orange Bond Initiative™ drives the first Steering Committee meeting with top leaders in gender lens investing.

To define a way forward for more to participate in building a gender-equal future.

June 9th, Singapore – Impact Investment Exchange (IIX) has made a big step forward in revolutionizing gender lens investing with the launch of the Orange Bond Initiative™, the world’s first asset class by and for the Global South and the 99% as a solution to financing gender equality. Trailblazing representatives across public, private sectors, and civil society gathered at the Orange Bond Initiative™ inaugural Steering Committee meeting on 19th May, 2022 to mark the moment in history. The meeting addressed the fundamentals of practices in revolutionizing gender lens investing to further push the boundaries that build a gender-empowered financial system

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Environmental Finance’s Bond Awards Recognizes IIX’s Women’s Livelihood Bond Series for innovative use of Proceeds to Impact Women and Climate

April 8th, 2022 – Impact Investment Exchange’s (IIX) Women’s Livelihood Bond™ (WLB) Series wins Environmental Finance’s 2022 Bond Awards for Innovation. The award recognizes IIX for its use of proceeds in the latest issuance in the WLB™ Series, the US$30M WLB4Climate, which is set to impact an estimated 500,000 women and girls across South and Southeast Asia, transforming them into agents of climate action.

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