"The world is on the brink of a revolution in how we solve society's toughest problems. The force driving this revolution is "impact investing", which harnesses entrepreneurship, innovation and capital to power social progress. This report, Impact Investing: The Invisible Heart of Markets - Harnessing the power of entrepreneurship, innovation and capital for public good, examines what is needed to catalyse the growth of a global market for impact investment. It makes recommendations that can be implemented across Taskforce countries and beyond to deliver better social outcomes and improve millions of lives across the world. The report calls on governments and the financial sector to take action to unleash $1 trillion of private sector impact investment to tackle social problems."

"The study reviews the current state of impact investments in Singapore and Hong Kong, particularly those that have engaged with foundations. It further looks at the trends and challenges of the impact investment sector before presenting a list of recommendations."

"This research note asserts that impact investment, which is intended to create positive social or environmental impact beyond financial return, constitutes a new asset class. The report also includes the first large-scale data analysis of return expectations from more than 1,000 impact investments and compares them to established benchmarks for emerging and developed market debt and equity returns. We hope this report helps to advance a broader understanding of impact investing as an appropriate and economically effective way to complement government and philanthropy in solving the world's greatest problems at scale."

"This knowledge brief aims to provide an overview of the IMM landscape in Nigeria and draws lessons from organizations who have IMM experience in West Africa. The knowledge brief focuses on providing an understanding of how impact is defined by some organizations, what elements they take into consideration when designing an IMM strategy, why they measure impact, the upsides and downsides of standardization, challenges they face in measuring and managing impact, and how they utilize data to drive impact. The knowledge brief also shares the IMM journey of three organizations: Aspire Coronation Trust (ACT) Foundation, LEAP Africa and MBC Africa, and provides recommendations on implementing IMM."

"The report examines the impact measurement approaches of 13 GIIN members (including development finance institutions (DFIs), fund managers, banks, and foundations) who invest directly into healthcare delivery companies- detailing the metrics, methodologies, and assumptions that are commonly used by these investors, as well as the challenges and limitations they face.

The report aims to bring greater transparency to the diversity and limitations of current impact measurement approaches, facilitate shared learning, and provide a tangible resource for those who are new to the sector or seeking to improve practice."

"This report summarizes the results of a survey that the Fate Foundation in partnership with Budgit Nigeria designed. It was disseminated to better understand the impact of the COVID-19 pandemic on Nigerian Micro, Small and Medium Enterprises (MSMEs) with the goal of engaging relevant stakeholders within the entrepreneurship ecosystem to solutions and interventions to support Nigerian MSMEs during and post COVID-19. The survey was targeted at micro, small and medium businesses across the 36 states in Nigeria including the FCT. This report also provides in-depth recommendations for government, enterprise support organizations, private and development sector stakeholders on policy and program design as well as implementation approaches."

"This study evaluates the impact of business-development-support programs (credit, training, and a combination of both) on the performance of micro- and small enterprises (MSEs) in Ethiopia. Using 2015 Ethiopian urban survey data and employing endogenous-switching regressions for multiple treatments, we document a positive and significant effect of credit, training, and a combination of training and credit on MSEs. Our results highlight the heterogeneity in treatment effects between women- and men-owned MSEs: women-owned businesses do not benefit from access to treatments. Our results suggest that improving the performance of MSEs requires fine-tuned interventions that meet the specific needs of men and women who own small businesses rather than one-size-fits-all programs."

"In recent years, investment in the various facets of Morocco's entrepreneurship ecosystem has become the focus of both the public and private sectors. The foundation has been developed, and all the structures necessary for nurturing not only entrepreneurship, but specifically climate entrepreneurship, have reached a 'start-up' stage. Nonetheless, the overall support environment requires more targeted intervention, in particular, favorable policies, resources, and a resilient entrepreneurial-minded culture to inspire future growth.

This report takes a mixed-methods approach to unpacking the climate entrepreneurship sector of the Moroccan economy, and is based on four forms of data collection and analysis undertaken from August-November 2016. By using different data sources, the team was able to triangulate the data and gain higher validity and consistency for the findings and recommendations."

"Este estudo setorial faz parte de uma série publicada pela ANDE em 2019 que foi projetada para criar uma base de conhecimento comum a partir da qual o setor de Pequenas Empresas em Crescimento (SGB na sigla em inglês) pode trabalhar na esperança de avançar em direção aos Objetivos de Desenvolvimento selecionados. Cada breve resumo destaca como as SGBs podem desempenhar um papel importante nesse progresso. Esta série servirá como ponto de partida para impulsionar a conversa e moldar a estratégia da ANDE em relação a cada uma dessas áreas-chave, com o reconhecimento de que essa não é uma coleção aprofundada da pesquisa/literatura sobre esses tópicos."

"Imazon, a Brazilian nonprofit promoting sustainable development of the Amazon, exemplifies how social ventures can stay small to achieve large impact. This case study is relevant for any social enterprise working to have outsized impact by collaborating with partners to change systems. It is also relevant for any enterprise using data to create incentives for change."