Morningstar boosts ESG research with minority stake in Sustainalytics

Amsterdam-based Sustainalytics combs environmental, social and governance, or ESG, indicators for signals about companies’ long term performance. For Morningstar, the deal extends a two-year partnership that included the launch of Morningstar’s Sustainability Rating service for mutual funds and exchange-traded funds. “Responsible investing” accounts for more than a quarter of total investing, or $22.9 trillion, and

U.K. boosts funding for battery research and development

The U.K. government is allocating £246 million ($321 million) for battery technologies. The U.K.’s energy regulator Ofgem is laying plans for a national smart electricity grid. Increased battery storage will be key to ensuring that vulnerable and low-income customers benefit, according to business secretary Greg Clark. “If only we can capture [solar and wind power]

Blending finance for global goals, responsible robo-advisors, U.S.

Hello ImpactAlpha readers! #Featured: ImpactAlpha Original Blending finance to unlock capital for the 2030 global goals. To build its $150 million private equity fund to invest in frontier markets, Sarona Asset Management leveraged public funding to lower risks and thus attract private investors. That “blended finance” model is becoming increasingly important in mobilizing private capital

Unlocking blended finance for the 2030 global goals

To build its $150 million private equity fund to invest in frontier markets, Sarona Asset Management leveraged public funding to lower risks and thus attract private investors. That “blended finance” model is becoming increasingly important in mobilizing private capital to meet 21st-century challenges as articulated in the 17 U.N. Sustainable Development Goals. Click for more

Jack Ma backs young African entrepreneurs with $10 million fund

Jack Ma is backing young African entrepreneurs with a new $10 million fund. The founder of Chinese ecommerce giant Alibaba announced his African Young Entrepreneurs Fund at the Youth Connekt Africa Summit in Rwanda. It was the first visit to the continent for Ma, who is worth more than $35 billion. “African entrepreneurs should not be asking

The Unreasonable Institute’s path into Uncharted territory

Entrepreneur-first, or problem-first? The nonprofit Unreasonable Institute, which has long supported “unreasonable” entrepreneurs, will now go directly after social challenges such as food deserts and the future of cities. Rebranded as Uncharted, the organization will bring in “armies of people who are uniquely positioned to put a dent” in such problems. Co-founder Teju Ravilochan will remain

Abraaj fuels growth markets with credit

Foreign banks that have retrenched since the financial crisis are still averse to risk in the growth markets of Latin America, sub-Saharan Africa and South Asia. Local banks focus on short-term working capital. That has created a “large dislocation and a funding gap,” for growth-stage companies in such markets, according to Christopher Wilder, a managing director