The Singapore Economic Forum (SEF) was founded by impact investment thought leaders & pioneers from across G20 nations.
The International Federation of Impact Finance (IFIF), also known as Impact Finance Federation (IFF) or Impact Finance Association (IFA), brings together liberally a diverse group of asset owners, trustees, financial analysts and academics active in the various facets of impact investing across five continents: 'from Jeddah to Jakarta'.
This 'global gathering of goodwills' acts as intellectual scouts and sounding board for the progressive emergence of new means and metrics that will empower asset owners and asset managers, allowing them to deploy more capital to/with impact-focused investments ('deep-impact') and impact-informed tools ('mainstreaming').
The reflection that led to the formation of the federation –and its subsequent affiliation to the Singapore Forum– started in Washington D.C., when a group of impact investing thought leaders met on the sidelines of the Paul H. Nitze School of Advanced International Studies Global Women in Leadership conference (Johns Hopkins, April 21 2017) to discuss "the best ways & means to bring impact investment to the fore, across asset classes, in Emerging Markets and Developing Economies (EMDEs)", as well as in developed nations, where there's also "a crying need for impactful capital, seeking measurable, socially and environmentally beneficial effects alongside purely financial return".
These pioneering ideas are embodied in our 'Washington Manifesto' published July 1st 2017 (cf. 'Unlocking Capital in a Meaningful Way: Improving Emerging Impact Standards.')
"How can we improve emerging industry standards for impact measurement and help pension trustees steer more long-term capital towards valuable economic endeavors at home and abroad, while, simultaneously, ensuring fair risk-adjusted returns for future pensioners?”
The word economics itself comes from Koine Greek nemein, which means ‘managing’ or ‘allocating’ [assets]. “Ultimately, all economic decisions will have to be informed by the strong trusteeship praxis of engaged asset ownership... It is our duty to accelerate impact mainstreaming across all asset classes: listed equity (‘visible’ blue chips), venture capital (‘invisible’ SMEs and startups), green government bonds issued by public institutions at federal, state and municipal level, and tangible assets such as infrastructure...Change will only be achieved through the active engagement of pension board members, who have it in their power to oversee the chain of asset ownership for the greater good.”