Despite traction in gendered approaches to investment, women still represent an underutilized force for sustainable development and remain underserved in terms of access to capital, market linkages, and resources needed to improve their economic position. Closing the gender gap is not only a social imperative but also a key ingredient in fueling economic growth.
After four hours of bumpy drive into the hilly areas near Visakhapatnam, India, we reached our destination – an isolated village which was inaccessible by road until two years ago, and remains disconnected to grid power. Yet, utility poles with LED street lights, together with a solar system, are prominently placed across the village of 12 families. We were warmly invited by the village chief to visit his house. Surrounded by a group of villagers, he switched on the television and started describing the changes this solar energy system brought to the village.
Inclusion is a topic central to the Sustainable Development Goals (SDGs) of the UN’s 2030 Agenda for Sustainable Development. In order to achieve the ambitious targets, it is essential for all people to become agents of change and contribute towards building a larger included society. Businesses, in particular, are crucial in creating innovative market-driven approaches that catalyze progress towards a future where no one is left behind.
IIX and the impact investing movement believes in creating a more inclusive world where financial systems, economic opportunities, and social good act as catalysts across geographies. To foster progress on this front and continue to be a thought leader, IIX has brought back its community-wide Impact Chat Series and congratulates its second cohort of international students from the IIX Impact Institute who recently completed their Executive Certificate Program.
IIX is excited to announce the closing of the $8 million Women’s Livelihood Bond (WLB)™ that will impact the lives of over 385,000 women across Southeast Asia. This innovative bond is the world’s first impact investing instrument with a dual focus on social and financial returns to be listed on a stock exchange.