7The Writing on the Wall
It is urgent that the governments throughout the world commit themselves to developing an international framework capable of providing a market of high impact investments, and thus to combating an economy which excludes and discards.
—His Holiness Pope Francis, Rome, June 16, 2014
Many reports and observers have predicted the rise of impact investing in coming years. Research by J.P.Morgan and the Rockefeller Foundation speculated that impact investing will become “one of the most powerful changes in the asset management industry in the years to come” and estimated that as much as $1 trillion of capital could be put into impact investments by 2020.1 As previously mentioned, the World Economic Forum has found a large ...
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