Network Voices is a series where Convergence (a global network for blended finance) amplifies blended finance opinions and activities from their network. This piece was authored by Juliette Averseng, Associate Partner at KOIS, Charlotte Badenoch, Principal at KOIS and Clara Marköö, Senior Manager at KOIS.
Innovative Finance related news
Learnings from the field : Financing climate-friendly water infrastructure in fragile contexts
In the summer of 2021, part of the KOIS team went on field visits to Jordan and Iraq. Their findings will help structure a blended financing facility to fund long-term water infrastructure in fragile contexts together with UNICEF.
Launch of a Social Impact Bond to support Médecins du Monde jail diversion programme for homeless people in Marseille
We are delighted to announce the launch of the AiLSi social impact bond. Operated by Médecins du Monde, this project aims to offer homeless people suffering from severe mental illness and facing justice an alternative to imprisonment through housing and intensive care.
Structured by KOIS, this social impact bond is the largest in terms of amount ever launched in France. It is invested by the European Investment Fund (EIF), BNP Paribas, Groupe Caisse des Dépôts and INCO, with outcome funding from the French government.
Kartik tells us about the landscape of impact investment and blended finance in India
In this interview at CSR Box, Kartik shares with us his professional journey and his insights on the impact investment landscape in India. Then, he tells us how business, government and the private sector can work together, fostering blended finance initiatives.
Serena shares her views about the progress of the innovative finance industry
Our partner, Serena Guarnaschelli, was invited to exchange her views about the innovative finance industry with Sam McManus, Director of Uxolo Development and Impact Finance. She touches on key topics such as the role of public and blended finance for development purposes, the progress of climate finance and the role of the Sustainable Development Goals to align different actors.
$14m Development Impact Bond for refugees launches in the Middle East
KOIS and its partners the IKEA Foundation, Novo Nordisk Foundation, Norad, the U.S. Development Finance Corporation (DFC) and Ferd are thrilled to announce the first tranche of a new Development Impact Bond (DIB) for refugees in Jordan and Lebanon. This will fund a micro-enterprise creation programme, delivered by the Near East Foundation UK, to help refugees and vulnerable host communities recover their livelihoods and build their resilience.
A year of impact: Season’s Greetings
2020 was an unexpected year for all. Many of the communities we serve struggled, but we also witnessed a great resilience in the world of impact. This resilience, is what we want to share & celebrate with you as we end 2020 and jump into 2021.
Supporting Indian primary healthcare networks through innovative finance
As we pen down our thoughts, India continues to navigate uncharted territories as tens of thousands of COVID-19 cases emerge daily. Primary care centres and workers – particularly those in urban areas – have been stretched to maximum capacity to deal with the crisis. A robust primary healthcare system is crucial to tackling health emergencies such as this one. A more potent, resilient, and inclusive healthcare system must emerge from the current crisis. We must take concrete actions to drive this change forward now.
India needs impact finance to scale innovative mental healthcare models
The prevalence of mental health disorders is increasing steadily in India, yet expenditure does not seem to follow. The low proportionate funding is exacerbated thereafter by the underutilisation of funds and several systemic issues along the patient journey. However, impact finance could play an important role in scaling up mental healthcare models.
The 2nd largest French Bank launches a Social & Environmental Impact loan
Putting impact at the heart of financial strategy is a growing trend. From international commitments such as the Business for Inclusive Growth initiative from the OCDE, to more concrete cases as the one we present in this article. At KOIS, we are happy to see these becoming a real part of how finance is done on a global scale. The latest example to date? A Social and Environmental Impact loan from the 2nd largest French Bank. This new offer aims to valorise the social or environmental engagement of its clients in the real estate and social housing sector.