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Impact investing seeks to fill the gap between philanthropic donations and what governments in developing countries can spend on projects to improve the lives of their people. This is the position held by many of the presenters at the third Vatican Conference on Impacting Investing held 10 July, 2018.
An example of such a gap is regular access to clean water, a challenge for some 2.1 billion people around the world. Catholic Relief Services, the U.S. bishops' overseas relief and development agency, has launched an impact investment project designed to help local communities improve their water and sanitation service.
For more on the conference visit our blog post.