Impact investing was created to revolutionize capital markets. Instead, we are replicating them. This needs to change. The good news is, the structures we need to reform the capital system already exist.
COVID provides an opportunity for impact investors to step into a leadership role within capital markets, as the amount of private and public capital needed to save the global economy is put into stark relief. The question is, are we going to revolutionize capital markets to make them more accessible and inclusive? Or are we going to continue to replicate the current system?
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