In the current global landscape, marked by a range of pressing challenges, Sovereign Wealth Funds (SWFs) are gradually emerging as potential catalysts in promoting sustainable development.
While traditionally conservative, emphasizing financial stability and risk aversion, SWFs are beginning to pivot.
SWFs are increasingly directing their investments toward sectors pivotal for sustainable development, with healthcare and renewable energy at the forefront.
The healthcare sector saw a remarkable rise in SWF investments during the COVID-19 pandemic, capturing 42% of SWF’s Sustainable Development Goals (SDGs)-aligned deals.
The Business of Impact Investing in 2023
Impact investing is a form of investing that believes that every dollar invested can make a difference, while producing a profit. Over the past 20 years, impact investing has undergone a remarkable evolution, driven by a confluence of societal, economic, and technological factors. These influences have propelled impact investing into a crucial mechanism for addressing societal needs, traditionally the domain of public funding. In 2022, the impact investing market sat at US$1,146 billion, growing at a healthy compounded annual growth rate (CAGR) of 29% over the last four years. This special report features interviews with thought leaders in the impact investing space, and offers an insightful perspective on the current and future state of impact investing, its challenges and opportunities, and highlights case studies of investors, social enterprises, and the impact they are having on the world.