Morgan Simon, Pi Investments and Transform Finance, explains the concept of impact investment that supports economic and community development. Simon notes that this concept, while gaining attention from varying financial contenders, is an exciting, but potentially problematic trend seen over the last decade.
Simon shares several dynamics that play within the current impact investment market: Investors and entrepreneurs may profit at the expense of communities; and impact gets defined by investors and entrepreneurs instead of beneficiaries.
via Where’s the Community Accountability in Impact Investing | Socialearth.org