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Environmental Markets
If we are to achieve a uniquely African Green Revolution that takes the continent into a new era of sustainable development, tens of billions of dollars a year will be needed.
Kofi Annan
Chairman AGRA
The Impact of Green Investing
03/25/2010
Sue Lannin | Australian Broadcasting Corperation

The Australian Broadcasting Network runs a story about environmentally-focused impact investing opportunities, and the growth of interest in impact investing.

From original story:

Concern about the impact of business on the planet has seen impact investing take-off overseas.

That is when investors put money into funds or projects which solve environmental or social problems as well as generate profit.

The Global Impact Investing Network is funded by private investors including the Rockefeller Foundation and the Bill and Melinda Gates Foundation.

It works on improving standards in the impact investing industry.

Louise O'Halloran, from the Responsible Investment Association, says environmental and socially themed investment funds are attracting high net worth individuals overseas.

She says the time of the green fund is coming.

"It's on its way. Very powerful people and very wealthy people want to find these kind of investment solutions where it's not a donation, it's not a conservation grant," she said.

"What it is, is a vehicle that's been structured so they do get returns."

Link to original article