IIX

The Orange Revolution: Financial Market Innovations Towards a Gender-Smart Net Zero – Skoll Centre Blog

The Problem: 

With less than a decade to address critically climate change and the other UN SDGs, the pressure is on to find innovative and inclusive solutions.  The pre-COVID US$2-3 trillion annual SDG financing gap in developing economies has increased to an estimated $4-5 trillion per year.  Given this financing gap, the global financial system is positioned to play an integral and increasingly important role in addressing the gap.  However, much of the architecture of the global financial system was built without designing for the unique needs of developing economies, designing for environmental responsibility, gender equality, or equality more broadly.

The Opportunities:

The Environmental, social and corporate governance (ESG) movement has promoted rebuilding the financial system to consider these risks better, but even deeper integration of these considerations is fundamental for post-COVID recovery and deceleration of climate change. And both of these battles are fundamentally intertwined with gender equality:

Building ‘Forward’ Better:  The COVID-19 pandemic, ongoing conflicts worldwide, and the climate crisis have jointly exacerbated the regressive effects on gender inequality – as a result, the eradication of the global gender pay gap is now set back by over a century.  Women were almost twice as likely to lose their livelihoods during the pandemic, due to various factors such as disproportionate childcare burdens to labor market asymmetries.  Building forward better underscores an opportunity to redress these failures and re-structure economies that better integrate and empower women.  Closing the gender-regressive gap in the workforce could add up to US$13 trillion to global GDP by 2030.  In light of this substantial economic impact, gender equality must be central to post-COVID recovery.

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Why impact investing needs to be ‘decolonized’ to help the people most affected by climate change and inequity – Business Insider

 by Durreen Shahnaz

Right before the pandemic, I spoke at an impact investing conference in New York.

As the founder and CEO of Impact Investment Exchange, I’ve seen how much actual impact impact investing can have — and how it can reinforce old, problematic norms.

As usual, I was among the few women of color invited to speak alongside an otherwise white male panel. And as is typical for women of color at these conferences, I had to endure input on my choice of attire — being asked to avoid wearing an ethnic dress (a saree in my instance) — as well as the casual dismissals of my remarks and the general fawning over “distinguished white men.”

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Durreen Shahnaz: Climate change is a feminist issue – The Peak

In her own words, the founder of Impact Investment Exchange tells us why climate change and feminism come hand in hand.

I stared at the painting. I squinted my eyes, and tilted my head, but could not figure out why the painting did not look right. I like to think of myself as a painter, but when I try to take flavours from my favorite feminist painter, Frida, I struggle.

Frida could effortlessly blend with oil, her political views, agony, and love as spirited attempts to express her own reality. I chewed on the end of my paintbrush, wondering how she did so time and again. The answer stared back at me from in between the interplay of green and blue textures.

 

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Winners for Impact Partners PitchFest 2022 APAC Announced

Impact Partners PitchFest 2022 kicked off with the APAC region. We received up to 200 applicants and we are excited to share with you the exceptional enterprises that have managed to impress the judges with their world-changing solutions to economic growth with a gender lens. 

We hope that through the access and support gained from this event, these enterprises are equipped to scale their impact on the world. 

Congratulations to the Impact Partners PitchFest 2022 – APAC winners and finalists!

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Indonesia’s waste management start-ups make waves in just two years

Did you know that waste mismanagement poses a higher risk to oceans and rivers? Well-managed waste streams eliminate almost all risks of plastic waste ending up in the ocean.This means that when considering pollution from waste, per capita waste generation numbers are not the most effective metric to consider. 

Historically, Asia Pacific is one of the top generators of plastic waste, with China and Indonesia being the top two contributors worldwide, producing 8.82 million metric tons per year and 3.22 million metric tons per year respectively.

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Global Youth Art Competition SHE IS MORE is back to Celebrate the Value of Women

SHE IS MORE is officially open for youths looking to channel their resilience through art. The theme, Resilience, will shine a light on and celebrate untold stories of human resilience across the world.

Singapore, 15 April 2022 – IIX Foundation is back with its annual flagship program, SHE IS MORE 2022, to celebrate women and youth through art. This global art competition invites young artists across the world to share their voices through personal pieces of visual art that celebrate the value of inclusivity. The theme of Resilience pays homage to the women who are standing tall in a society with great gender disparities.

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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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A Data-Driven Solution for Impact Makers to Verify their Impact

In recent years, economies around the world have grown significantly while adopting a sustainability agenda, as evident in the 2015 UN Sustainable Development Goals (SDGs), and more recently, the World Economic Forum’s Davos Manifesto 2020. With this growing momentum, both investors and enterprises have become increasingly aware of the need for impact measurement as part of long-term value creation (UNDP, 2021).

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Raising $30m for women-led, climate-focused enterprises – Barclays

Barclays was proud to work with Impact Investment Exchange (IIX) to issue its fourth Women’s Livelihood Bond™ for Climate (WLB4C).

The proceeds will directly support women-led and climate-focused enterprises in India, Indonesia, Cambodia and the Philippines, and are expected to benefit nearly 500,000 under-served women and girls in the developing markets.

 

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IIX Impact Report

We are delighted to share our 2020 Impact Report with you! We invite you to learn about our journey so far and join us as we look ahead to the next decade of change.