As part of the EU’s 10-step program titled “Fit for 55,” the commission introduced a controversial proposal for a carbon border adjustment mechanism (“CBAM”). If adopted, the commission will impose a levy on imports in carbon-intensive sectors with lower environmental standards than the EU. The proposal must now undergo the EU’s legislative process that requires the approval of both the European Parliament and the Council before it comes into effect.
Impact Capital Partners has joined The Ocean Foundation (TOF) in their effort to plant and protect coastal wetlands to fight climate change. This amazing non-profit organization has widely promoted the concept of Blue Carbon — the capacity of the natural ecosystems of seagrasses, tidal marshes and mangroves to sequester large quantities of carbon in both the plants themselves and the sediment below.
Blended Finance is a structuring approach aimed to strategically mobilize private capital alongside development funding to finance sustainable development in emerging and frontier markets. The approach reduces the riskiness of an investment for private investors, thus leveraging the developing funding provided to accomplish certain United Nations SDGs.
Impact Capital Partners was founded with the goal of connecting institutional investors with impact investments. To simplify the process, we created our proprietary ImpactBrowser™ so that institutional investors can find and choose impact opportunities that match their needs.
When it comes to choosing values-based investments, it’s important that investors understand the differences between SRI, ESG and Impact Investing. Impact Investing is among the newest terms, coined by the Rockefeller Foundation in 2007. It is used to describe investments that generate a measurable, beneficial social or environmental impact alongside a financial return. However, this form of investing is often confused with Socially Responsible Investing (SRI) or ESG. To understand the differences, let’s take a step back and look at the evolution of these concepts.
The United Nations Framework Convention on Climate Change (UNFCCC) enacted the Paris Agreement in 2016 in response to the growing challenges of climate change. The agreement aims to limit the increase of global temperatures to 1.5 °C (2.7 °F) above pre-industrial levels. However, it’s projected that current pledges are not ambitious enough to limit global temperature rise to 1.5°C or even 2°C. Countries need to strengthen their commitments quickly enough to achieve the Paris Agreement targets.
Small and medium-sized enterprises (SMEs) account for 90% of global businesses and are responsible for 7 out of 10 job opportunities in developing countries. However, 44% of SMEs are financially constrained and underserved by traditional finance institutions. Public and private sectors must work together to develop solutions to meet the growing demand for finance. While governments have the responsibility to improve market-enabling policies, the unmet demand presents an opportunity for financial institutions to engage.
The Ghanaian government has made significant efforts to improve its electrical infrastructure, yet access to reliable energy remains an impediment to economic development. Unplanned power outages continue to be a problem for the growing country due to growing supply & demand constraints. An additional generation capacity of 225 MW is needed by January 2024 and an additional 200 MW by January 2025 to preserve the security of Ghana’s energy supply.
Impact Capital Partners has joined Trees For The Future (TREES) in their Plant-a-Tree Partnership by planting 200 trees per million dollars raised. This amazing non-profit organization has planted over 180 million trees since 1989 and we are proud to help TREES plant communities out of hunger and poverty, while also offsetting multiples of our own carbon emissions.
Bloomberg Green – The Biden administration is outlining ambitions to dramatically boost offshore wind power in the U.S. by 2030, pushing to drive construction of projects at sea capable of generating enough electricity for more than 10 million American homes.