Позитивные изменения. Том 3, № 4 (2023). Positive changes. Volume 3, Issue 4(2023)

On the other hand, as I mentioned before, the IIC represents the vanguard of impact investors in India, champions of businesses that not only seek financial success but also aim to uplift underserved communities, often those dwelling below the poverty line.

Together, the GIIN and IIC forge a partnership grounded in shared values and goals. Firstly, it’s increasing awareness. Both organizations are dedicated to expanding awareness of impact investing among a diverse range of investors, including domestic and international stakeholders. Secondly it’s elevating impact measurement. IIC and GIIN, both advocate for standardized impact measurement practices to underscore the weight of impact achieved by investors. Thirdly, it’s knowledge and data — acknowledging the importance of data-driven growth, both organizations recognize the need for knowledge and information-exchange platforms.

The GIIN annual forum is one of the most anticipated platforms for the global impact investing community. The main purpose of the forum is to provide networking opportunities and exchange information.

The GIIN annual forum is one of the most anticipated platforms for the global impact investing community. The main purpose of the forum is to provide the ecosystem with networking opportunities and exchange information. The speakers and sessions are handcrafted to deliver the most crucial information and showcase the most effective solutions emerging from the impact investing ecosystem.

As always, this year’s GIIN forum was themed, and its theme was the oceans of the world.

It was a pleasant surprise to witness GIIN’s dedication towards the intersection of climate and oceans. Sectors traditionally highlighted at such convenings are zero hunger, agriculture, housing, financial inclusion, and health. It was decided to stay ahead of the curve with such timely topics as emerging pools of capital, new solutions in the Global South, the “blue economy”, biodiversity & climate intersection, regeneration, AI’s implications for impact investing, and much more.

Were you able to accomplish your goals at the forum?

Yes. It was a success! IIC’s agenda at the GIIN forum was to enable a corridor for India-focused asset owners and asset managers. To give investors a room to share their strategies for India, and provide the Indian asset managers with the opportunity to showcase innovation through their prism. At IIC’s India Room’s session, which was extremely interactive, we enabled the delegates to not just acquaint the fellow attendees with their work but showcase the intersection of India impact investing with the G20 summit. We were joined by 60 delegates, including 21 General Partners (GPs) which comprised 15 members of the Impact Investors Council (IIC) and 19 influential Limited Partner organizations from 12 countries.

In general, what do you think is the role of global organizations such as GIIN?

Global organizations like GIIN, or the Global Steering Group (GSG) play the role of a ‘motherboard’ for the global impact investing community. They are designed to bring global stakeholders under one roof. By creating National Advisory Boards, leadership summits and hosting annual conferences, these organizations are trying to address internal regulations and legal issues in the countries, and are doing their best to improve the need of the hour — to act as an intermediary, enable equal access to the information, measure impact, increase pools of capital and provide access to reliable data, which is globally the biggest challenge.

The reason to celebrate for the impact community was the biggest takeaway of the declaration. All 83 paragraphs of the declaration were passed unanimously.

In September this year, India hosted another global event — the eighteenth summit of G20 Heads of State. Has it had an impact on the local impact investment market?

Absolutely! The event was actively covered by the international media. This was the first time India hosted the G20 summit and proudly covered around 200 meetings in more than 50 cities ahead of the G20 summit day.

To answer your question, the reason to celebrate for the impact community was the biggest takeaway of the declaration. All 83 paragraphs of the declaration were passed unanimously with a 100 percent consensus along with China and Russia in agreement.