This literature review by Ingrid Burkett, Knode explores the potential for a new approach to investment that focuses on revitalising communities, creating jobs and building economic opportunity. Similar approaches have been used widely in the US and the UK. Investors ranging from banks and superannuation funds to foundations and individuals have invested in funds that are creating quality jobs and economic opportunities in underserved and under-invested communities and generating a viable financial return. The thesis of this work is that similar funds could also provide new opportunities for investment and community regeneration in Australia.
Resources » Source » Knode
Books and Guides
Working Papers and Research
This document by Ingrid Burkett, Knode, outlines the building blocks for Place-based Impact Investment in Australia, including possibilities for some early funds. The intent is both to illustrate the potential and also to serve as a call to action to explore and develop the opportunities for this type of approach to produce genuine financial, economic and social outcomes. The approach deliberately provides both a financial perspective and the conditions for successfully achieving impact in communities.