Place-Based Impact Investing: Harnessing Investment for Local Development

9 April 2024

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Our paper, “Place-Based Impact Investing: Harnessing Investment for Local Development”, explores how investing locally with an impact focus can generate tangible social and environmental benefits in specific geographic areas, alongside attractive financial returns.

The UK’s evolving investment and policy landscape presents a unique opportunity for pension funds and other asset owners to become drivers of local development and innovation. As a result, place-based impact investing (PBII) is emerging as a powerful engine for sustainable economic growth.

This paper also details the advantages of direct investment in PBII projects versus investment via funds, and the beneficial role that special purpose vehicles (“SPVs”) can play in local impact investing.