Weekly Impact Investment Market Update: October 20, 2017

Impact Investing & ESG
 

Leveraging Impact Investing to Achieve the SDGs

All the aid and philanthropy in the world combined leaves a $2.5 trillion a year gap in the money needed to finance the United Nations Sustainable Development Goals.

Engaging Local Communities to Unlock Investment in the Blue Economy

Better fisheries management, cooperative ownership and ocean restoration could reverse an $83 billion annual loss.

Mini-Grid Developers Get Ready for Debt Capital Scale Up Access to Clean Energy

Microgrid Investment Accelerator plans to crowd in $115 million to connect 1 million people by 2036.

Millennials Love ESG, Just Not As Much As Their Grandparents

Sustainable and socially responsible investing isn’t just for the kids, according to a recent Allianz Global Investors study.

George Soros’ $18 Billion Gift to Open Society Foundations Could Boost Impact Investments

The hedge-fund billionaire and a global advocate have transferred $18 billion in assets to his long-time philanthropy.

 

United States & Europe
 

Who Has the World’s No.1 Economy? Not the U.S.

By the most measures, China has passed the U.S. and is pulling away.

Impact Investors Ask Government to Plough £2bn More into ‘Inclusive Economy’

A national body including some of the key figures in impact investment has called on the government to put £2bn into a fund to promote an “inclusive economy.”

 

Developing Economies
 

The IMF Has a Message for Emerging Markets: Take Advantage of Easy Money While It Lasts

Emerging markets should get their fiscal houses in order while monetary conditions remain loose, the International Monetary Fund warned.

Emerging-Market Currencies Are Bound for Turbulence in the Fourth Quarter

Emerging-market currencies, which have enjoyed solid gains to date, could face intense pressure in the last three months of 2017.

Brazil Minister: Amazon Deforestation ‘Drops by 16%’

Amazon deforestation is down by 16% in the year to July 2017 compared to the previous 12 months, the Brazilian government says.

Chile Presidential Hopeful Pinera Vows to Double Economic Growth

Chile’s conservative presidential candidate Sebastian Pinera on Wednesday promised to double economic growth and by 2025 make the country the first in Latin American to achieve “developed nation” status.

Localizing SDGs Event Showcase Colombia’s SDG Implementation Planning

The event began with an overview of Colombia’s efforts to integrate SDG targets into its National Development Plan and Peace Agreement as well as to meet their international commitments, including the Paris Agreement on climate change, their bid for OECD accession and the SDGs.

Islamic Development Bank Pledges $800M to Boost Economies of 7 Developing Countries

The Islamic Development Bank (IDB) has signed agreements worth $804 million with seven countries in Africa and Latin America in order to help boost their economies.

Namibia: Farmworkers’ Minimum Wage Up By 25 Percent

Successful wage negotiations between the Agricultural Employers Association, Namibia National Farmers Union, Namibia Emerging Commercial Farmers Union and Namibia Farm Workers Union last week resulted in the previous farmworkers’ minimum wage of 2014 being increased by 25%.

Namibia Adopts Plan to End Discrimination Against Women

Windhoek-Namibia is in the process to implement the plan of action of the Convention on the Elimination of all Forms of Discrimination against Women 2017-2020.