Where’s the Community Accountability in Impact Investing?

Morgan Simon, Green Money Journal

This article explains the concept of impact investing to support economic and community development. While recognizing the potential of impact investing, it highlights problems related to this approach. Specifically, the author offers several dynamics at play in the impact investment market, such as investors and entrepreneurs profiting at the expense of communities. To achieve community accountability in investment activities, the author advocates for establishing mechanisms to empower and include “beneficiaries” in the planning, execution, governance and ownership of enterprises.

Global Topics: Nonprofit Capital
Focus Areas: Nonprofit Capital
Resource Types: Article