Published alongside the Impact Programme’s 2014 Annual Report, Survey of the Impact Investment Markets 2014 presents the findings of data provided by over 100 organisations operating in Sub-Saharan Africa and South Asia. The survey aimed to explore current patterns of investment – as well as plans for future investment – perceptions of risks, returns, trends and recommendations for market development.
The variety, urgency and clarity of views on the impact investment markets in the two regions were striking – with a combination of optimism and challenge. On key indicators, respondents were on balance optimistic: commitments are growing, they self-report more optimism than pessimism, and several comments outlined the growth of the range of market actors. But within that context, several risks, challenges and constraints were clearly identified. Consensus on some issues, such as the need to disaggregate the market, and to increase the range of instruments, emerged clearly. On other topics, such as the feasibility of market returns, views were more divergent.
This is the first of a series of biennial surveys through which the Impact Programme seeks to play its part in increasing transparency, reducing information asymmetries and identifying and tackling appropriate constraints.