Analysis: Impact Investing Can’t Deliver by Chasing Market Returns
By Jim Bildner
In 2012, more than a decade ago, in response to a growing wave of impact investing obsession, Kevin Starr warned that impact investing was doomed to fail: “Few solutions that meet the fundamental needs of the poor will get you your money back,” he observed, and “overcoming market failure requires subsidy.”
Photo courtesy of Edward Howell.
Source: Stanford Social Innovation Review (link opens in a new window)
- Impact Assessment, Investing