Join TGE for the launch of the Place-Based Impact Investing White Paper

Fri, April 30th, 2021

Join TGE for the eagerly anticipated launch of the Place-Based Impact Investing (PBII) White Paper for a presentation and discussion of the project’s findings, recommendations and next steps – register here.

Led by TGE, the Impact Investing Institute and Pensions for Purpose, the Place-Based Impact Investing Project was set up to explore how to scale-up institutional investment into opportunities that connect capital to place.

The event will include a TGE presentation of the findings and recommendations of the paper. Details about the next phase of the project will also be unveiled, including how market participants from across the economy can deliver on the aim of making PBII a main investment theme in the next decade for the UK's leading pension funds.

All those registered for the webinar will receive an advance copy of the paper to give time to digest the findings and raise questions during a Q&A. You can register here.

PBII White Paper launch, 26 May 2021 (1600-1700 BST)

Moderator: Jamie Broderick, Non-Executive Director and Lead Expert at the Impact Investing Institute
Presenters: Sarah Forster, CEO of The Good Economy • Mark Hepworth, Director of research and policy at The Good Economy • Karen Shackleton, Director and Chair of the Board at Pensions for Purpose • Paul Stanworth, Principal Associate at The Good Economy and CIO of 777 Asset Management • Sarah Teacher, Executive Director at the Impact Investing Institute

Register now

What is Place-Based Impact Investing (PBII)?
Place-based inequalities are more extreme in the UK than in most comparable economies and have persisted for generations. Meanwhile, the pandemic coupled with Brexit have moved this seemingly intractable reality to the centre stage of public debate.

With the costs of the “Levelling Up” agenda expected to exceed £1 trillion over the next 10 years, there is a clear need for private capital to be mobilised alongside public investment. Currently only a very small fraction of UK pension money is invested directly in the UK in sectors that could drive more inclusive and sustainable development.

However, our research suggests if we can mobilise the market to get PBII right and launched across the country as a top national priority within the Levelling Up agenda, then it is not unrealistic to expect the UK to approach 2030 as a landscape where place-based inequalities are becoming a thing of the past.

PBII: focusing on the opportunity of place
While the initial phase of the project has focused on the role of the £326bn Local Government Pension Scheme, PBII has the potential to become a new paradigm or lens for all kinds of investors. As such, this project offers exciting potential to anyone interested in exploring how investment can yield financial returns, as well as generating social and environmental impact to enhance local economic resilience and sustainable development.

Sarah Forster, CEO of TGE, said: "We're excited about the momentum that already exists for this White Paper. We believe it will offer a significant first step towards opening the ‘sluice gates’ to let capital flow into the UK’s regions, cities and communities during this rising tide of impact investing we see happening around us."

Be part of the PBII journey
All those registered for the webinar will receive an advance copy of the paper to give time to digest the findings and raise questions during a Q&A. You can register here.

The PBII Project has been funded by the Department for Digital, Culture,
Media and Sport (DCMS), City of London Corporation and Big Society
Capital.

Article
TGE starts work on project to mobilise institutional capital for place-based impact News 10/12/20 TGE starts work on project to mobilise institutional capital for place-based impact
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Our Publications
Project summary Mobilising institutional investment for place-based impact: a collaborative market building initiative A project summary for the Place-Based Impact Investing initiative led by The Good Economy, the Impact Investing Institute and Pensions for Purpose (October 2020)
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