Impact Summit Europe
Opening of trading for Impact Summit Europe
Opening of trading is done on the occasion of the kick-off for the Impac Summit Europe, which will take place at the The Hague Peace Palace on 22 and 23 March. Investors, fund managers, multinationals, and policy makers will join to put impact on the map of European capital markets.
Frank Bult of Phenix Capital says that the impact investing industry, with a current value of $60 billion, has been estimated to grow to $2 trillion in the next ten years, which is 1% of the assets invested worldwide. Despite this increased interest and recognition, there are still stumbling blocks to be overcome by impact investing as they are hampering the capital inflow to the industry, such as the lack of awareness, the difficulty of standing up against conventional methods and models, and an imbalance between the demand and supply of capital. Only when these barriers are broken, impact can become completely ‘mainstream’.
Phenix Capital sounds the gong together with fellow-pioneers PGGM, FMO, C-Change , PYMWIMIC, B Corp en Spring Associates and the Global Impact Investing Network (GIIN) delivering the message that it is time for investors – large and small – to actively include both the negative and possibly positive impact on society in their decision-making process.
For more information: www.impactsummiteurope.com