Next Week’s Call
🇧🇷 Agents of Impact Call No. 68: Unlocking impact and climate alpha in Brazil. In May, thousands of visitors will descend on Parque Ibirapuera in São Paulo for the Feira Preta festival, the largest Black cultural and entrepreneurship event in Latin America. Founder Adriana Barbosa has over two decades grown Feira Preta, or Black Fair, into a platform that has helped plug more than 10,000 Black and Indigenous creative entrepreneurs into the Brazilian economy. Brazil’s Black community “is an economically active population,” says Barbosa, who will lay out the case for investments in Brazil’s African descendents on next week’s Agents of Impact Call.
The Week’s Podcast
🎧 This Week in Impact: Back to the future. Host Brian Walsh takes up ImpactAlpha’s top stories with editor David Bank. Up this week: How Trump's executive orders are affecting investments in climate, equity, AI and global development. Why some investors are optimistic about the extension of Opportunity Zones, the capital gains tax break for investments in low-income communities. And, an effort to bring more liquidity to private impact funds so they can attract more institutional investors.
The Week’s Agent of Impact
Cecilia Conrad: Pulling the levers of change (video). As CEO of Lever for Change, Cecilia Conrad has issued open calls for solutions to challenges like maternal and child health, refugee resources and early childhood education. A current challenge may be among her toughest: Restoring trust in the core institutions of American society. “It's one space where there's very little partisan gap,” Conrad said, announcing the $10 million challenge with LinkedIn founder Reid Hoffman last month (the deadline for submissions is Feb. 19). “And it's particularly concerning, because it is most prevalent among the youngest people.”
The Week’s Deal Spotlight
Blending finance for Southeast Asia's green transition funds. The 11 countries of Southeast Asia derive about three-quarters of their power supply from fossil fuels. The region receives the lowest share of global clean energy and infrastructure finance. A key obstacle: a lack of robust regulatory frameworks for private participation, according to the International Energy Agency, which estimates some $130 billion annually is needed for the region’s low-carbon transition. Development finance institutions, long criticized for being risk-averse and insufficiently catalytic, are “making progress in mobilizing private capital for renewable power projects,” the agency says. “International development finance and support is crucial.” This week: SUSI Partners, a Swiss energy transition investment firm, raised $139 million for its Asia Energy Transition Fund and for a co-investment vehicle with British International Investment and FMO, the Dutch development bank. SUSI had closed the fund in 2023 but reopened it for new investments last year. SUSI now has $259 million to invest in utility-scale and commercial and industrial renewable projects in Asia.
The Week’s Talent and Jobs
💼 See and share more than a dozen new impact jobs posted this week on ImpactAlpha’s Career Hub and view hundreds of more jobs in impact investing and sustainable finance. Have a job listing to post? Submit it here.