The current crisis highlights unsustainable trends that were already happening but it also heightens the urgency for government and private sector to work together to forge a more inclusive growth path.
There is an awakening that the social and environmentally targeted themes underpinning impact investments are ultimately fundamental to a well-functioning, prosperous global economy. As with climate change, government and scientists alone are insufficient remedies. Similarly, investments in social infrastructure, be it access to healthcare, clean water, education and affordable housing will not be met by governments and development banks alone. Therein lies the opportunity for purpose driven impact investing to respond to growing demand and the innovative supply of solutions in such sectors as online education, telemedicine, localised regenerative farming, and essential service delivery.