Impact investment, the term was created in 2007 by an initiative coordinated by the Rockefeller Foundation. The Global Impact Investing Network (GIIN) has defined impact investment as investments made into companies, organisation and funds with intention to generate social and environmental impact alongside a financial return. This financial return differentiates impact investing from grant funding. The deliberate strategy for positive benefit to society separates it from traditional investments. According to the GIIN, impact investing has attracted increasing interest among investors who are allocating more capital to impact investments year-over-year. It has identified the overall global investment is worth U$212 trillion and projecting the prospects for capturing at least one percent of this investments, which is U$2.0 trillion, for global Impact Investment. Impact investment are now being used to finance initiatives such as aged care, health, housing, education, infrastructure, water and sanitation, financial inclusion, sustainable agriculture and development of the service sector.Â Impact Investment is already having optimistic effect globally in catalyzing new markets and inspiring entrepreneurship and innovation for the benefit of society.
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