- Catholic congregations long known for providing healthcare and services for the poor are expanding their ministries to drive positive impact through their pension and investment portfolios.
- The faith-based turn toward place-based impact investing is an extension of the kinds of congregation-based activities churches, synagogues and mosques have been engaged in for centuries.
- With too few climate-focused institutional investment funds, faith-based organizations are addressing the climate crisis with direct investing, blended finance and capacity building.
- Launched with a combined $10 million in equity and debt capital, the architects expect to increase its size to $25 million and to expand efforts around Central America.
- Catholic Relief and the IADB’s Multilateral Investment Fund have invested, along with high-net-worth and other investors. Total Impact Capital will manage the fund.
The success of green bonds is spurring interest in offerings targeting projects aligned with the U.N. Sustainable Development Goals. Australian Catholic University’s raised A$200 million ($159 million) with a 10-year bond that is the first to be issued under the new Sustainability Bond Guidelines by the International Capital Markets Association. The bond, which drew A$500