Devex Examines Growing Impact Investing Sector, Role Of NGOs
Devex: Nonprofits are carving their own impact investing niche
“The average number of employees working full-time on impact investing for international NGOs has nearly doubled since 2016, according to a new report that polled 45 charities. The change is reflective of a growing impact investing sector — one attracting more dollars and more INGO attention than ever before. … What sets nonprofits apart and establishes them as important actors in the impact investing ecosystem is that they are driven by impact, not financial returns, INGO leaders told Devex…” (Saldinger, 2/1).
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