Year
2023

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"This report examines the impact investing landscape in Latin America and the Caribbean for 2020 and 2021, based on a sample of active impact investors in the region, highlighting trends, key challenges, and opportunities, and featuring deep dives on activity in three of the region's largest markets: Brazil, Colombia, and Mexico, as well as a feature on Guatemala. Among its findings, the study shows that impact investors are increasingly seeking market-rate returns while keeping flexible return schemes according to the specific needs of countries and sectors. Additionally, it reveals that impact investors still heavily rely on proprietary impact measurement tools, while an increasing number of them are using existing frameworks to tackle impact measurement requirements. Access to capital, education and training, and the local regulatory environment are identified as the most common challenges to overcome to unlock the full potential of the region's entrepreneurial ecosystem through impact investment."

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"The report “Impact Investments in Brazil – 2021”, carried out by ANDE in partnership with the Alliance for Impact Investments and Businesses, Instituto Clima e Sociedade, Fundação Grupo Boticário and with the support of Wright Capital, captures the characteristics of the impact investing in Brazil in the year 2021, based on a sample of 38 impact investors active in the region. The report provides an overview of where and how capital is being allocated and identifies the challenges facing the ecosystem, in addition to addressing topics such as gender equity, assessment of climate risks and opportunities for the portfolio and measurement of greenhouse gas emissions. greenhouse associated with the portfolio. Pipe.Labo coordination and analysis"

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Como tem feito desde 2013, a Aspen Network of Development Entrepreneurs (ANDE) foi a campo para produzir dados e análises sobre o mercado de investimentos de impacto brasileiro. O ano de 2021 – recorte deste estudo – é um marco importante para o setor em todo o mundo. Afinal, trata-se do primeiro dos últimos 10 anos até 2030, ano que a Assembleia das Nações Unidas apontou como alvo para o alcance dos tão almejados Objetivos de Desenvolvimento Sustentável (ODS, ou SDG na sigla em inglês). Firme na convicção de que os empreendedores e seus negócios são uma peça-chave do desenvolvimento social e econômico, local e globalmente. Este estudo, propõe-se a retratar o mercado de investimentos de impacto brasileiro e, em particular, produzir informações que ajudem investidores, empreendedores e agentes deste mercado à tomada de decisão

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This report provides insights into the state of social innovation and impact investment in India. The report analyzes the key trends and developments in the social innovation ecosystem in 2022 and highlights the opportunities and challenges for the sector. It provides a comprehensive overview of the impact investment landscape in India and assesses the performance of impact investment funds and organizations in the country. The report identifies the key drivers of the social innovation sector, including the growing focus on sustainability, innovation, and impact measurement. It also highlights the need for increased collaboration and knowledge sharing among stakeholders to address the challenges faced by the sector, such as the lack of adequate funding, regulatory barriers, and limited capacity for impact measurement. The report emphasizes the role of impact investment in driving social change and calls for greater support from the government, private sector, and civil society to foster the growth of the sector. It recommends the development of a conducive policy and regulatory environment for impact investment, the establishment of a dedicated impact investment fund, and the creation of platforms for knowledge sharing and collaboration among stakeholders. Overall, the report presents a positive outlook for the social innovation and impact investment ecosystem in India and highlights the potential for the sector to drive sustainable and inclusive development in the country.

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This report provides insights into the startup ecosystem of Bangladesh, first describing the limited access to capital and infrastructure, the lack of necessary skills, and the absence of a supportive regulatory framework that have impeded the growth and development of startups in Bangladesh. It aims to identify the current state of the startup ecosystem in Bangladesh, exploring the challenges faced by startups, and analyzing the trends in startup investment in the country. It points to the significant growth in the number of startups and the total amount of investment in the sector, along with the increasing interest of foreign investors in Bangladesh's startup ecosystem, and the need for policy reforms and infrastructure development as imperatives to create a more conducive environment for startups to grow. Finally, the report highlights the potential of the startup sector to drive economic growth and job creation in Bangladesh and calls for increased government support and private investment to foster the growth of the startup ecosystem.

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Climate change and environmental degradation place significant stress on India’s biodiversity, food supply, water and energy security, and human health. The private sector will play a critical role in achieving these objectives, particularly growth-oriented entrepreneurship that can bring new ideas into practice, introduce technical innovations, and create demand for new environmentally friendly goods and services. According to the International Labour Organization (ILO), green entrepreneurs address climate change and/or create a positive environmental value either through the process of delivering products/services (e.g., utilizing clean technologies) or by working in a green sector (e.g., waste management). Such entrepreneurs tackle climate change from multiple angles.

This report establishes a baseline understanding of the state of green entrepreneurship in India by assessing existing business models, the available financial and technical support for entrepreneurs, and key sectoral issues regarding the policy landscape and market opportunity. The purpose of the study is to inform decision-makers, such as policymakers, donors, investors, and business development service providers, of the primary trends, opportunities, and challenges in the green entrepreneurial ecosystem in India.

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The SME Climate Hub 2023 Survey is a comprehensive report based on a survey of 2,800 SMEs from around the world conducted in late 2022. The report delves into the current state of climate action and sustainable business practices in SMEs. According to the survey findings, SMEs are becoming increasingly concerned about climate change and are taking steps to reduce their environmental impact. However, many SMEs continue to face significant challenges in implementing sustainable practices, such as a lack of access to finance and technical expertise. The report also emphasizes the importance of governments and financial institutions in assisting SMEs in making the transition to more sustainable business practices. Overall, the SME Climate Hub 2023 Survey offers useful insights into the challenges and opportunities that SMEs face as they navigate the transition to a more sustainable future.

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“Firms in developing countries struggle to recruit effective employees, due in part to their reliance on traditional recruitment networks such as family, friends, and referrals. This can limit the quantity and quality of potential hires and constrain the growth of small and medium-sized enterprises (SMEs). These hiring constraints can also limit employment opportunities for job seekers, especially in countries where SMEs employ a large share of the labor force. This research examines the impact of online job portals on reducing hiring frictions in the Indian labor market, using a randomized controlled trial (RCT) methodology. The study finds that firms in developing countries are more likely to fill a job vacancy when they receive both online job portal interventions, compared to receiving only larger applicant pools or identity verification services. Firms in the joint treatment group were 68% more likely to hire workers from the portal than firms in the control group, and these firms are more likely to hire overall across all recruitment methods. The study suggests that online job portals can provide a source for suitable employees outside of traditional networks, especially for smaller employers who may have less capacity to screen applicants. The authors highlight the importance of addressing multiple recruitment challenges in tandem for online job portals to alleviate constraints on recruitment in emerging markets.”

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"COVID-19 has taken a painful toll on numerous aspects of society, including the small and growing business sector. To restrain the spread of the virus, governments in many countries introduced lockdowns, social distancing, and mandatory shutdowns. However, those measures interrupted many commercial activities worldwide, causing major economic disruption.

Although the pandemic necessitated the transition to virtual program delivery, the experience allowed stakeholders in the entrepreneurial ecosystem to discover the benefits and limitations of virtual support. Now that lockdowns have largely ended and economic activity is recovering, support organizations need to decide whether to continue with virtual entrepreneurial support, revert to in-person mode, or adopt a hybrid approach to retain the benefits of both virtual and in-person programming. To understand the effectiveness of virtual support and to synthesize lessons learned during this forced experimentation period, ANDE used surveys and interviews to gather perspectives from both entrepreneurs and intermediaries on what worked - and what did not - in the shift to virtual programming."

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"COVID-19 has taken a painful toll on numerous aspects of society, including the small and growing business sector. To restrain the spread of the virus, governments in many countries introduced lockdowns, social distancing, and mandatory shutdowns. However, those measures interrupted many commercial activities worldwide, causing major economic disruption.

Although the pandemic necessitated the transition to virtual program delivery, the experience allowed stakeholders in the entrepreneurial ecosystem to discover the benefits and limitations of virtual support. Now that lockdowns have largely ended and economic activity is recovering, support organizations need to decide whether to continue with virtual entrepreneurial support, revert to in-person mode, or adopt a hybrid approach to retain the benefits of both virtual and in-person programming. To understand the effectiveness of virtual support and to synthesize lessons learned during this forced experimentation period, ANDE used surveys and interviews to gather perspectives from both entrepreneurs and intermediaries on what worked - and what did not - in the shift to virtual programming."

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