"We examine spillover and hedging among impact investing and agricultural commodities. Results demonstrate that impact investing is a prominent spillover transmitter during both calm conditions and crises, while agricultural commodities are typically receivers. Analysis indicates that hedging effectiveness is enhanced by portfolios containing impact investing and agricultural products, with this more so during crises. Additionally, analysis reveals that irrespective of position on the risk aversion spectrum, investors gain utility substantially by including impact investing and agricultural assets, even considering transaction costs. These findings add to the extant literature and offer practical implications for investors, fund managers, and policymakers regarding risk management perspectives and portfolio diversification."

"By applying the COMPASS methodology to explore both investee- and investment-level impact performance, these studies enable investors to understand the impact performance of their investments and compare progress relative to the change needed to tackle climate change and improve job quality. Specifically, these studies examine how investors can differentiate their investment results on the basis of impact. With a standard method, investors can compare performance with their peers in a reliable way, indeed even compete with peers, to strengthen performance. Using the same process, but considering results from another perspective, investors can also compare their performance to the change that is needed to tackle the global challenge they aim to address."

"In this report, we suggest a research agenda around understanding the growth of entrepreneurs and small firms in East African countries. The study is to be designed as a series of surveys conducted twice a year with the aim of being able to track firm and entrepreneurial dynamics in the short and medium term. This report is based on a pilot that we conducted with a small sample of firms (not just formal firms and not just large firms) in Kenya and Uganda. The aim was to understand whether we can get extremely cheap data using new technologies for firms that can shed light on the constraints faced by firms and entrepreneurs in these economies."

"This report examines key assumptions held by development practitioners – in terms of the productivity, employment-generation capacity, and inclusivity of SMEs – and assesses the extent to which they are supported by robust empirical evidence."

"SMEs are diverse in their size and nature, and their financing needs differ accordingly. Equity can be important, especially for firms with growth ambitions, but the focus of this paper is on lending. While British International Investment (BII) has 65 years of experience in supporting SME finance in developing economies, we focus here on the evolution of our approach to SMEs since 2012, and how our journey has led to our latest innovation: Growth Investment Partners (GIP), a new specialist SME financing business we have created in Ghana."

"This report emphasizes the urgency to transition from the "Age of Innovation" to the "Age of Adoption" in response to climate change impacts by 2030. It identifies the critical need for the widespread implementation and scaling of existing climate technologies, and problematizes the gap between the availability of viable climate solutions and the slow pace of their adoption. It explores what will it take to deploy innovations at scale, aiming to understand the barriers hindering the widespread implementation of climate innovations. It identifies the pivotal role of climate finance in facilitating large-scale adoption, and underscores the necessity for collaborative efforts among various financial stakeholders, such as venture capital, private equity, foundations, and corporates, to devise innovative financial mechanisms. The report showcases how these financial innovations combine grants, equity, and debt to address climate challenges effectively. Finally, it stresses the need for specialized climate finance to bring innovations to the market swiftly, and emphasizes collaborative efforts among diverse capital allocators to develop creative and collaborative climate finance strategies."