US-backed carbon markets initiative appoints advisors
Tideline launches impact verification business
US-based consultancy Tideline has launched BlueMark, a separate business to provide 'verification' of investors' claims of positive impact.
GIIN publishes Covid-19 guidance for impact investors
The Global Impact Investing Network (GIIN) has published guidance to help impact investors understand how they can best support their investees and enterprises through the coronavirus crisis.
Rockefeller Foundation considering racial equity screening of grants
The Rockefeller Foundation is examining ways it can introduce an "equity screen" on the grants it provides to help grow businesses that have a positive social or environmental impact.
US 'Opportunity Zones' not living up to impact goals, study says
The US government's Opportunity Zones economic development scheme is failing the deprived communities it was built to serve - and especially those in majority-black neighbourhoods, a report claims.
GIIN leads creation of Covid-19 response impact 'coalition'
An investor coalition has been launched that will seek to amplify the effect of impact investments in the response to the coronavirus pandemic.
Rockefeller Foundation sets $1bn low-wage investment goal
The Rockefeller Foundation is set to invest $65 million in a financing programme it says will mobilise $1 billion in private finance and help support about 10 million low-income workers in the US.
Rockefeller, Packard and Ford among foundations backing impact scale-up fund
The Rockefeller Foundation, David and Lucile Packard Foundation and Ford Foundation are among high-profile US backers of a 'tipping point' fund designed to help boost the impact investing market.
ESG consideration gaining ground in credit risk analysis
Environmental, social and governance (ESG) issues are no longer a concern only to equity investors, as fixed income market participants, including credit rating agencies, are increasingly paying heed to them, says the PRI's Carmen Nuzzo.