Kazi Awal/InsiderImpact investing doesn't always help the people impacted most by inequity and climate change, according to Durreen Shahnaz, founder and CEO of Impact Investment Exchange.
As the founder and CEO of Impact Investment Exchange, I've seen how much actual impact impact investing can have — and how it can reinforce old, problematic norms.
McGlashen's involvement in both the scandal and the world of impact investing is not merely a coincidence.
This means that impact investing in Asia, Africa, and Latin America is coming from the Global North and with it, the power of how impact investing should go.
While companies like IIX are all about the Global South investing in each other, we are the minority.