- Packard Foundation and the MacArthur Foundation backed the fund with low-cost debt program-related investments, with a goal to “build a new asset class where none currently exists,” Packard’s Susan Phinney Silver told ImpactAlpha.
The Gig Harbor, Wash.-based foundation is adding $6 million to its already majority mission-aligned investment portfolio.
- Solving malnutrition will require a significant capital infusion in a more local, more sustainable, global food system able to deliver more affordable healthy food. That’s a big opportunity for impact investors.
- Japan has been staking out a leadership position in sustainable investing. Still, two of its largest industries, energy and seafood, have been slow to follow. Two recent reports call out environmental-related risks for Japan’s economy.
- “There’s a mismatch between demand for sustainably grown products and the desire to support sustainable farming, and the capital available to farmers,” says Dan Miller, who has launched Steward, a new investment platform that aims to tap the power of small investors to bridge the funding gap for independent farmers.
Soil Scout’s sensors are unique from other soil monitoring devices because they sit below ground while still communicating with wireless networks.
BNP Paribas, ABN Amro and Rabobank are helping coffee giant Neumann Kaffee Gruppe expand its smallholder farmers' financing and support initiative, NKG BLOOM, with a $25 million loan.