Investors’ appetite for impact investing—in which they seek to generate positive impact for society alongside strong financial returns—could be as much as $26 trillion, according to a new report issued by IFC, a member of the World Bank Group. The report, Creating Impact: The Promise of Impact Investing, is the most comprehensive assessment so far of the potential global market for impact investing. As much as $268 trillion—the financial assets held by institutions and households across the world—is potentially available for investment. Latin Trade reports. Engie-led consortium seals $8.6 billion purchase of Petrobras pipeline unit A consortium led by French utility Engie has won a bid for Petrobras’ TAG pipeline arm with an $8.6 billion offer, in a deal that boosts Engie’s […]
Investor appetite for impact investment could reach up to $26 trillion: IFC Report Inbox x
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