Global Impact Summit PIND Foundation

Aline Varre, alongside the Chief Executive Officer of the Global Steering Group for Impact Investment (GSG) and panelists, took the main stage for a plenary session at the Global Impact Summit hosted by the Spain National Advisory Council in 2023.

The focal point of their discussion was centered around the theme of ‘Building Impact Economies.’ Discussions at the event was centered about three focal areas -mobilizing capital for people and planet, where it is most needed, achieving full transparency in measuring impact, and accelerating impact and social economies.

In addressing the audience, Aline Varre said “profit versus purpose is an absolute false dichotomy. It is possible to simultaneously maximize impact and profitability, and philanthropy is a key driver in these efforts in supporting to facilitate and de risk access to capital, and provide key impact.”

NDPI-PIND Joint Board Meeting

At the 2023 Joint Board Meeting (JBM) held in Houston, Texas, the teams from Total Impact Capital and CrossBoundary provided insights into the essential components necessary for establishing an Impact Investment Special Purpose Vehicle (SPV) to facilitate funding access in alignment with key PIND programmatic areas.

The presentation underscored critical timelines and capital allocation strategies earmarked for the establishment of the Impact Investment SPV, which will be implemented in phases starting from 2024 for Access to Energy, followed by Market System Development (MSD) in 2025, and Youth Employment Pathways (YEP) in 2026.

Furthermore, the team from CrossBoundary outlined a comprehensive work plan aimed at building the capacity of the PIND team to effectively implement the SPV. This structured approach ensures that PIND is equipped with the necessary skills and resources to successfully execute impactful investment initiatives aligned with our organizational goals.