BUENOS AIRES — As the impact investing industry grows and matures, there are increasing opportunities to tap into the money it can mobilize to fund the Sustainable Development Goals and push funding to lower income countries, according to Ronald Cohen, chair of the Global Steering Group for Impact Investing.
While today’s impact investments amount to about $500 billion, based on figures from the Global Impact Investing Network, Cohen said he believes that number will double and reach $1 trillion in the next year or two.
“We have progressed sufficiently now that we have proof of concept … so we’re ready to scale,” he told Devex in an interview.