Impact Investing conference to take place in Vatican
VATICAN RADIO – The Vatican is set to host its second conference on Impact Investing on June 26-28 entitled ‘Making the Year of Mercy a Year of Impact for the Poor’.
The Pontifical Council for Justice and Peace, along with Catholic Relief Services, will host the event whose focus is on capacity building for Church enterprises. Impact investing actively seeks to make a positive impact by investing in non-profits that benefit the community or in clean technology enterprises.
An overview of the conference provided by the Pontifical Council said impact investing is a more sustainable way to support the ‘vision, passion and demonstrated excellence of Catholic social ministries’ than charitable gifts and grants which it says will not provide sufficient support in the long-term for these important ministries.