Search Results for: "Bank of England "
Impact Programme - Investment to fund innovative solutions for development and help develop sustainable investment markets that work for the poorUK Department for International Development
DFID is providing £757.3m over 23 years to catalyse the market for impact investment in Sub-Saharan Africa and South Asia, to improve the lives of at least five million poor and low-income people. Impact investments are those which have both a financial and social return by benefitting poor and low-income people through improved access to affordable goods and services and income generating opportunities. The Impact Programme has two components: investments and market building. CDC manages our investments through two funds. The first fund, the Impact Fund, launched in 2013 is a £305m fund of funds. The second fund, launched in 2015, is a £333m fund which makes direct investments into businesses that are highly developmental/transformative. Technical assistance is also being made available to the underlying investees. Our market building work (£30.5 million) complements our investments by providing the market infrastructure required for impact investing to scale.
Leverages the UK’s unique position as the world’s leading financial centre to increase access to finance for firms and individuals, promoting shared prosperity through inclusive economic growth overseas, and the development of new markets