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A Brief History and Current Development of Impact Investing Globally

In: Impact Investing

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  • Finance Center for South-South Cooperation

Abstract

Impact investing emerged as a new type of investment in the past decades probably due to two reasons. Firstly, in a larger sense, the emergence of impact investment is a reaction to the negative consequences of capitalism or neoliberalism. The negative consequences include but are not limited to growing income inequality, poverty, unemployment, racial and gender inequity, disparity in health and education outcomes, and many other social problems. Impact investments emerged in its inner heart to respond to these rising economic and social issues.

Suggested Citation

  • Finance Center for South-South Cooperation, 2023. "A Brief History and Current Development of Impact Investing Globally," Springer Books, in: Finance Center for South-South Cooperation (ed.), Impact Investing, pages 15-38, Springer.
    • Handle: RePEc:spr:sprchp:978-981-99-4935-9_2
    DOI: 10.1007/978-981-99-4935-9_2
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