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Impact investing is a double bottom line investment approach that looks to generate a competitive rate of return while investing funds into projects that will have a positive social, economic or environmental impact. There are now at least $114 billion worth of impact investing assets under management, according to a recent survey conducted by the Global Impact Investing Network (GIIN), a group of charities, banks, foundations, insurance companies and asset managers dedicated to increasing impact investing.
The potential for innovation in the impact investing space has made its growth such a game-changer for inner city economies. Two organizations that are leading the way for innovative impact investing in inner cities are the Calvert Foundation and Living Cities...