Stay Connected with ImpactAlpha

Get ImpactAlpha Open, our free weekly newsletter.

By signing up you agree to receive marketing emails from ImpactAlpha Inc. and accept our Terms of Service and Privacy Policy.

The Brief

Read by thousands of impact pros daily

rooftop solar
April 25, 2024 | Jessica Pothering

Greetings Agents of Impact! In today’s Brief: Featured: Deploy! Lenders face a steep learning curve in deploying capital for green community infrastructure. Green

Today’s brief

Featured: Deploy!

Lenders face a steep learning curve in deploying capital for green community infrastructure. Green project development and project finance skills have always been in short supply. Now, with $27 billion in Greenhouse Gas Reduction Fund awards teed up for community solar, building electrification and local EV charging projects, those skills will be in even greater demand. “There's going to be a huge need for talent and resources to make this all work,” says Trenton Allen of Sustainable Capital Advisors, a financial advisory and consulting firm that worked with the Justice Climate Fund on its winning proposal for GGRF funding. Allen is launching what he calls the Sustainable Infrastructure Finance Academy to offer resources and advice to community lenders, local governments and developers. “When you're cranking along on these projects and trying to deploy this capital, you're going to need to call someone to gain some perspective or support,” explains Allen. “That knowledge may not be deep in these organizations. They may not have two or three expert climate folks like they do for housing and small business.” 

Dealflow: Impact VC

IDB Lab backs small businesses in Paraguay and health access in Ecuador. The experimental venture funding arm of the Inter-American Development Bank inked two investments in markets with little available venture or impact capital. IDB Lab provided a $3 million anchor investment for iThink VC, an investment firm that supports early stage tech startups in Latin America, focusing on Paraguay and Bolivia. iThink VC was co-founded in 2021 by Jazmin Gustale Gill, Paraguay’s former vice minister of inclusive economic growth and founder of the country’s national innovation strategy, and Juan Cruz Valdez Rojas, who previously worked with Bayer and Monsanto. They have made 10 investments, including Bolivia-based Koban, a neobank, and DeltaX, an Uber-like service for heavy cargo shipments and deliveries. “I see how Latin startups are transforming our region's problems into business opportunities,” said Gill. iThink VC is looking to raise $20 million for its fund.

Impact Voices: Child-Lens Investing

Mission investing to improve children’s lives at the Kellogg and Annie E. Casey foundations. The W.K. Kellogg Foundation in Battle Creek, Mich., and the Annie E. Casey Foundation in Baltimore share a common mission: to improve the lives of American children. To deliver on that mission, the institutions have added debt and equity investments to their grantmaking toolkits. Over 17 years, the $8 billion Kellogg Foundation has committed more than $310 million through mission-related investments, or MRIs and catalytic program-related investments, or PRIs. Annie E. Casey has committed 3% of its $3.4 billion endowment to impact investments. Roughly 70% was committed as PRIs and 30% as MRIs. 

Agents of Impact: Follow the Talent

Nick Moon, previously with LeapFrog Investments, joins Circulate Capital as its new chair… Arctaris Impact Investors seeks an investor relations analyst in the Boston area… One Acre Fund is hiring a US operations associate in New York… Impact Finance Center is hosting its national community foundation impact investing landscape scan, Thursday, May 30… Applications are open for the Urban Future Prize Competition, a competitive prize for early-stage climate tech startups to win cash prizes and admission into NYU Urban Future Lab’s ACRE Incubator.

Subscribe to ImpactAlpha

Find the alpha in impact.

  • What comes with a subscription?
    • The Brief: Award-winning daily newsletter
    • Full Access: Unlimited, ad-free articles on ImpactAlpha.com
    • Community: Exclusive Slack channels, calls and events
    • Career Hub: Job board and career-building resources
    • Data and tools: Open funds database, climate deal mapping, and more.

Impact Voices

Editorials and guest essays from impact professionals

Deploy!

Following the sustainable and renewable energy transition to every community.

Ownership Economy

Strategies for wealth-creation and shared prosperity

Career Hub

Build your impact career on ImpactAlpha

Careers | Aunnie Patton Power and Ashley Lewis
10 tips to speed your transition to an impact finance career

There is no denying that impact finance is one of the most sought after spaces in finance right now, but what does it

NEW Job Board

    • Full Time

    Finance Manager

    • Full Time

    Climate Venture Finance Associate (remote, flexible)

    • Full Time

    Manager, Impact Investing Consultancy

Load more listings
Search the Job Board