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Britain's newly elected Labour government is looking to the financial world for help dealing with the country's housing crisis, the Guardian reports.
According to the Telegraph, affordable housing is a major issue in the UK, with one in four people unable to afford to live in their own home.
The new government is looking to the financial world for help with the problem, with its chief secretary to the UK Treasury, Darren Jones, hosting a roundtable on impact investment last week.
"The sector is growing, with a 12-fold increase in social impact investments made in the UK over the last 12 years, but we need to accelerate this investment if we are going to address the increasing inequalities in our society," Jones says.
According to the Guardian, more than $5 billion has been invested in social impact projects in the UK over the last 12 years.
The new government wants to see that figure rise to $10 billion.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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Philipp Mueller, CEO of impact investment manager BlueOrchard, tells Borsen-Zeitung about his approach to promoting the social dimensions of capital.My father was a doctor and always wondered why I...more
The 1st Nigerian Impact Investing Research and Industry Collaborative (NIIRIC) Annual Convening held in Lagos, with the theme 'Impact Investing: Shaping Policies, Research, and Innovation to...more
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FG Restates Commitment In Fostering Tech Investment, Research Commercialisation.Minister of Science, Technology, and Innovation, Chief Geoffrey Nnaji made this pledge while delivering the keynote...more
Zambian Vice President Mutale Nalumango called for concerted investment into climate-resilient technologies and interventions to mitigate the negative impacts of climate change.The 45th meeting of...more
Hort Innovation develops venture fund to back startup solutions.Fund was created in partnership with impact investment firm, Artesian, and includes a A$60mn investment through Frontiers.The Hort...more
The agri-food system in Southeast Asia remains fragile.Faced with fragmentation of smallholder farms, outdated farming practices, environmental degradation and volatility brought upon by climate...more
In this moment of reflection, the intersection of the abolitionist movement and modern impact investing offers a compelling framework to examine how resources can be mobilized for systemic...more
A patient capital approach offers social enterprises the essential time and resources to grow sustainably.Patient capital provides a vital framework that aligns with the long-term nature of social...more
Social Entrepreneurship
Spotlight
World of Philanthropy About To Be Disrupted
Co-founder of Global Philanthropy Group, Trevor Neilson, talks about the disruption of the foggy world of philanthropy.
