Impact PLC to list $150 million impact investing trust on the London Stock Exchange

Impact PLC will be the U.K.’s first publicly listed investment company to focus on impact investments in emerging markets. Impact PLC is seeking to raise $150 million to invest in 10 to 15 private equity impact funds based in low-income countries with average per capita incomes of less than $12,000 per year. It will focus on

Bethnal Green Ventures raises $1.6 million to accelerate UK startups

Bethnal Green Ventures has raised $1.6 million to accelerate UK startups. The London accelerator supports very early ventures tackling challenges in health, education, sustainability and democracy, as well as startups serving freelancers and low-wage workers. BGV has invested £1.4 million ($1.73 million) in more than 80 startups since 2012. As a whole, the group has raised

Dutch go into space to help farmers on Earth

Drones have been helping farmers map their land, identify pest invasions and detect crop stress for several years. Now, the Netherlands is taking aerial agricultural data to a new level — hundreds of miles above the Earth. The Dutch government is spending €1.4 million ($1.5 million) on satellite data to “do its bit to solve the global food crisis.”

Entrepreneurial Spark accelerates $188 million in follow-on funding

The 1,700 businesses that have been through Entrepreneurial Spark’s free programs at a dozen hubs in England, Scotland, Northern Ireland and Wales have attracted £151 million ($188 million) in additional investment and created 3,152 new jobs, according to the firm’s annual impact report. NatWest, KPMG Enterprise, Dell Technologies and Pinsent Masons support Entrepreneurial Spark to help

Can Europe go coal-free?

By 2030, solar and wind power will be the cheapest source of new electricity in most parts of the world, according to Bloomberg New Energy Finance. But wide adoption of renewables for new generation won’t be enough. To keep temperature from rising more than 2-degrees Celsius — the goal of global climate accord reached in Paris — Europe needs

Italy moves to catch up to France in green bonds

Climate Finance A recent study of how to spur private investment in environmental and climate change initiatives recommended Italy establish a national green bond development committee. Green bonds hit a record high in 2016, rising to $81 billion, and France just issued its first green bond — the largest ever, owing to strong investor interest. “Strengthening the

Development banks back affordable mortgages in Serbia

Fewer than seven percent of adults in emerging economies have access to housing finance, according to the International Finance Corporation. The European Fund for Southeast Europe (EFSE) has extended a €20 million ($21.4 million) line of credit to UniCredit Bank to drive mortgage lending in Serbia. EFSE is backed by German development bank KfW and a