An innovative and powerful way of creating social impact, combining diverse financial mechanisms with non-financial support and impact measurement, is advancing in Latin America to more effectively and measurably address the region's persistent social and environmental problems.
This is impact investing or venture philanthrophy, an approach already established in Europe and Asia, which gathers the interest of investors attracted by the idea of achieving social progress while generating financial returns, as well as that of foundations and traditional donors who today provide more long-term, sustainable and constantly monitored grants...
