- Conservation International and The Nature Conservancy are designing a pay-for-success program designed to encourage hydroelectric plant owners to invest in forest conservation.
- The new initiative, called The Impact Food Group, is a partnership between school catering company Cucina Restaurants, which currently serves 50 English schools, and Innovate Services, in which Bridges already holds a majority stake.
- “For gender-smart investors there are now opportunities across asset classes and this is a great example, especially in products and services which benefit women,” Susan Biegel, a gender-lens investing adviser at the Wharton school, told ImpactAlpha.
Public bond markets are becoming a reliable new source of capital for community development financial institutions that lend to low-income communities. A successful $76 million offering by the Reinvestment Fund, a nationwide “CDFI” based in Philadelphia, pushed total capital raised through four such general-obligation bond offerings since last year to more than $350 million. Reinvestment
ImpactAlpha, October 2 – The Urban-X accelerator graduated its fourth cohort of startups at a demo day in Brooklyn last week. With investors in attendance, seven startups showcased new hardware to make urban life less challenging and more enjoyable. Among this year’s cohort: Avvir, which uses laser scanners to scan construction sites and determine progress
- In all, BEV has made nine investments and has committed about 10% of its fund.
ImpactAlpha, October 2 – Veganism was bound to hit the mainstream financial markets, given all the private capital investing in a meat-free future. (Or, at least, a reared-animal meat-free future. There’s that lab-grown trend, after all.) Investment firm Beyond Investing launched last year to build a pipeline of public and private investments that are vegan-friendly.