The pandemic has had a devastating effect on local communities, leading to job losses, small business closures and wellbeing crises, but it has also opened up opportunities for place-based impact investing to help economies build back better.
From social housing and small business loans to local start-ups, the pandemic has accelerated opportunities for investment that is local, innovative and impactful.
Kate Rogers (pictured), head of sustainability and co-head of charities at Cazenove Capital, explains: “We see an increased focus on place-based giving from foundations and philanthropists, and this desire to ‘support local’ also extends into how they want to invest. Impact investing allows us to invest in local communities, and provides a great opportunity to help build back better, repairing the scars of the pandemic with fairer, greener local economies.”
Read the full cover feature in ESG Clarity‘s July digital magazine here.