Two separate initiatives, which have been backed by the European Innovation Council and the Good Fashion Fund respectively, aim to reduce the negative impacts of garment and textile manufacturing.
After laying the foundations, the MENA region is building an investable impact economy from the ground up, with resilient businesses that are ready to scale, says Safia Tmiri, executive director at Alfanar.
A range of UK pension funds and other institutional investors have backed the Forest Fund VI, which aims to support biodiversity preservation and flood mitigation.
The initiative aims to improve access to funding for companies in sectors such as agriculture, healthcare and infrastructure, while supporting gender economic equality.
The non-profit says in its latest report that impact investing techniques and strategies are entering the mainstream, with more outcomes contracts and the development of national-level impact wholesalers being key trends.
The French real estate investment management company has raised €325m for the first close of its third intermediate housing fund, the Fonds de Logement Intermédiaire III.
The Water Access Acceleration Fund attracted commitments from international development finance institutions, foundations, family offices, and private investors.
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