Investors Are Turning Towards Impact Investing

credit: USACE on Flickr

The world's richest people are putting their money where their mouth is.

In a new trend, they're investing in things that have a positive impact on the world, such as education, health care, and climate change, the Straits Times reports.

The idea is that by putting their money where their mouth is, they'll be more likely to donate it in the future.

"It's a great way for them to use their money in a different way," says a professor at the London School of Economics.

The world's richest peoplethose with annual income of more than $1 millionare putting their money into what's known as an impact investment fund, which is run by the World Wildlife Fund.

The fund aims to invest in assets that have a positive impact on the world, such as education, health care, or climate change, and make money from investments on the one hand and donations on the other, the BBC reports.

The world's richest people are putting their money into a fund called the Climate Action Fund, which has around US$500 million in assets, according to the Financial Times.

The fund aims to invest in some of the world's most troubled countries, and make money from investments on the one hand and donations

Read the Entire Article

A customized collection of grant news from foundations and the federal government from around the Web.

How's Your Community Doing?
Check Out it's
Community Vital Signs

Cellcentric Raises £90M to Prevent Cancer Deaths

MedTech CellCentric has raised 90m in fresh funding.The money will support the advancement of the Cambridge company's oral treatment for multiple myeloma, inobrodib.The financing was co-led by RA...more

Impact Funds Offer A Lower-Risk Proposition For Private Markets

Impact investing can be a valuable financial tool for private-market investors seeking to manage risk.Impact funds direct capital to companies that generate impact environmental and social...more

Impact Investing Principles For Pensions Updated to Reflect Changing Market Enviroment

Impact Investing Principles for Pensions updated to reflect changing market environment.Pensions Age Magazine is published by Pensions & Investment Association.For more information, visit...more

€�world Calls on China to Lead”: Urgent Climate Demands Escalate Ahead of Pivotal Global ...

"World Calls on China to Lead": Urgent Climate Demands Escalate Ahead of Pivotal Global Sustainability Transition Conference.China is positioned to lead global climate action with its dominance in...more

New Report Calls For Collective Action to Combat Asia's Growing Antimicrobial Resistance Threat

Report outlines four high-impact intervention areas from education and prevention to surveillance and treatment to guide funders and partners.AMR could cost Asia up to US$700 billion by 2050 and...more

Mcgregor Lakes Area Foundation Awards $8,000 in Local Grants

The McGregor Lakes Area Foundation (MLAF) continues to make a meaningful impact by investing in the people and programs that strengthen the region.MLAF is a non-profit 501(c)3 organization based in...more

Leuven's Lighthouse Districts: Illuminating Pathways to Green Heat

Leuven's Pilot City Activity aims to decarbonise heating in the city.The new heating systems will rely on green heating technologies that minimise environmental impact by reducing fossil fuel...more

Government Urged to Focus on High Impact Investment

National Planning Secretary Koney Samuel says the government must focus on high impact investments to transform the economy in the next five to 10 years.Mr Samuel said the country cannot afford to...more

Abc Impact Closes Fund II At Over Usd 600 Million, Doubling Fund Size With Commitments ...

ABC Impact, the Asia-focused impact investment firm, has successfully completed the final closing of its second fund at over USD 600 million.ADB's investment in ABC Impact Fund II reflects our...more

Catalyst Partnership Grants Showcase

Game-changing heart health innovations pitched live at inaugural Catalyst Partnership Grants Showcase.The two-day event, held at the Grand Hyatt on 25 26 March, brought together more than 300 people...more