Momentum is gathering behind the idea that capital markets could make a substantial contribution to solving global problems such as poverty and climate change. This funding could become more important than ever as nations around the world start to focus on narrow national interests. In the UK, for example, the vote to leave the European Union has prompted some to question the value of overseas aid. Britain’s exit from the EU also throws uncertainty over the climate change commitments of both the UK and the bloc’s remaining 27 states. For those working on social and environmental challenges, private sector financing and impact investing could therefore provide a critical part of the capital needed to develop solutions.
At the same time, appetite is growing among donors and investors to use both their investment funds and their skills to address challenges ranging from climate change to lack of access to healthcare and education, while also generating a financial return. On one side of the spectrum, institutional investors are turning to new financial instruments such as insurance-structured financing mechanisms and development-focused debt instruments.
Meanwhile, experts highlight the need for more impact-oriented financial products and services to enable consumers to participate in the expanding impact investing market. This has implications for traditional wealth managers and mainstream financial institutions as they look to compete with the growing army of specialist advisors. How should advisors meet growing demand among investors to create portfolios that have an impact on people and the planet?
FT Investing for Good Europe 2017 will address these and other questions, bringing together environment and development experts, wealth managers, high net worth investors, leading philanthropists and social entrepreneurs to discuss how innovative finance could transform the global development landscape and offer solutions to some of the world’s toughest social and environmental challenges.