Impact investing is a double bottom line investment approach that looks to generate a competitive rate of return while investing funds into projects that will have a positive social, economic or environmental impact. There are now at least $114 billion worth of impact investing assets under management, according to a recent survey conducted by the Global Impact Investing Network (GIIN), a group of charities, banks, foundations, insurance companies and asset managers dedicated to increasing impact investing.

The potential for innovation in the impact investing space has made its growth such a game-changer for inner city economies. Two organizations that are leading the way for innovative impact investing in inner cities are the Calvert Foundation and Living Cities...

Read the full article at ICIC