NOAH Impact Fund makes first investment in Minnesota affordable housing

The $25 million equity fund, part of the Greater Minnesota Housing Fund, aims to preserve naturally occurring affordable housing (or NOAH) by connecting social impact investors with developers and owners in the Twin Cities. NOAH invested in the acquisition of a 768-unit affordable housing portfolio, working alongside nonprofit developer Aeon, Enterprise Community Investment, Bellwether Enterprise, BMO

Blending finance to crowd in private capital for climate action and the global agenda

By Joan Larrea, CEO of Convergence, and Chiara Trabacchi, climate finance specialist at IDB Invest There’s more than just the future of the climate at stake in the global talks underway in Bonn, Germany. All of the global goals for 2030, from the end of poverty to the regeneration of land and sea, will fail if

Fiji’s women on the front lines of climate change, reducing the poverty premium, pro-poor…

Greetings, ImpactAlpha readers! #Featured: ImpactAlpha Original Women on the front lines of climate change in Fiji. The Pacific islands’ official delegation has decamped to Bonn, Germany to lead the global climate talks aimed at stemming the worst consequences of climate change. (Suva, Fiji’s capital, was unable to accommodate a major global conference.) Back in Fiji,

Trump’s man in Bonn shows the White House’s climate cards

The official U.S. delegation had been in stealth mode throughout the global climate conference known as COP23, shutting reporters — and most everyone else — out of its office and keeping its calendar remarkably empty. The Trump administration’s delegates are staying in a remote location far from both the city center and the conference venue, fueling suspicion that they

Designing a global financial system fit for (sustainable) purpose

Anti-globalists could have a field day with the new “Roadmap for a Sustainable Financial System” from the World Bank and UN Environment. The bankers and bureaucrats are aiming at nothing than a makeover of the global financial system, sustainably. Undercutting criticism of the heavy hand of global government, however, is the extent to which capital

With women on the front lines of climate change, Fiji rallies reinforcements in Bonn

TAVUA, FIJI — Adi Alesi Nacoba’s bright purple eggplants, red chilies, and green vegetables bring a splash of color to the bustling market in the warehouse-like space along the northern coast of Fiji’s main island. As she does every day, Nacoba carefully arranges her market booth after a morning of planting and harvesting. The bounty of her

(Almost) all-in on climate, indigenous economics in Australia, media goes impact, climate-smart…

Greetings, ImpactAlpha readers! #Featured: ImpactAlpha Original America pledges itself (almost) all-in on climate action. There’s a powerful idea emerging at the global climate talks in Bonn, reports Lou Del Bello for ImpactAlpha. The U.S. can fulfill its climate responsibilities even if some of its elected leaders do not. Indeed, the U.S. may already be halfway