The Council of Europe Development Bank identifies five projects to receive financing in the areas of affordable social housing, education and training, microfinance and social enterprise finance.
A group of clerics, impact investment specialists, academics, journalists and activists are to advise the church on establishing the fund, which will focus to a large degree on investments in communities affected by historic slavery.
The mobility-as-a-service startup has raised a total of £5m (€5.8m) to help staff at UK companies facing a lack of public transport infrastructure commute to work by accessing shared taxi and bus services.
The fund, developed by Aristata Capital, supports commercial litigation with high impact social and environmental outcomes brought by claimants with limited financial resources.
The Belgium-based fund is investing in a dozen companies that aim to achieve systemic changes in environment, skilling & education, and health sectors.
Fund managers Fount have invested in Indian ready-made garment manufacturer Progress Apparels and Bangladeshi cotton yarn and denim fabric producer Sri Kannapiran Mills.
The investment team said the fund would invest in up to 35 companies globally, whose activities help improve well-being and inclusion, and support the move towards a sustainable economy.
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