Investing for Impact: Mainstreaming socially-responsible finance
From climate change to rising inequality, the state of the world has never been a more urgent concern. With criticism aimed at private capital markets and growing demand for social and environmental action, investors are increasingly stepping in as saviors with a new model of socially-responsible, purpose-driven finance. Having firmly established itself in the United States, impact investing remains on the fringes elsewhere. But with a historic culture of charitable giving and the potential to achieve strong returns while improving the social good, there is much potential for impact investing to mainstream in the Middle East. Covid-19 looks set to accelerate movement, as ESG becomes integral to the global economic recovery.
This Economist event is supported by the Ministry of Finance Saudi Arabia and the G20 Saudi secretariat as part of the International Conferences Program, honouring the G20 Saudi Presidency year 2020.