Launched in May 2017, RIAA’s Impact Investment Forum is the new platform for RIAA members and other stakeholders to come together in the interests of building a strong impact investment market in our region and integrating impact across investment portfolios.
The Forum acts as a dedicated hub to connect, strengthen and deepen engagement of organisations and individuals who are active or interested in this growing field of investing: whereby investments are made into funds, organisations or programs with the intention of generating measurable social and environmental impact, in addition to a financial return.
Key activities focus on growing awareness and knowledge of impact investing; building the capacity of impact investing advisers and practitioners; broadening networks; and influencing policy in support of impact investing.
The forum builds on the foundational work of the Australian Advisory Board on Impact Investing and Impact Investing Australia to catalyse the market for impact investing. As the market enters its next phase of development, RIAA’s Impact Investment Forum is taking forward a number of critical pieces of work incubated by Impact Investing Australia, in order to further develop market based data and practice.
Globally, impact investing is estimated to reach between US$600 billion and US$1 trillion within a decade. In Australia and New Zealand, the market is in the nascent stages of development but with strong potential, estimated to reach $32 billion in Australia by 2022.
In addition to its partnership with Impact Investing Australia, the forum is partnering with other organisations and communities with a commitment to catalysing more private capital for positive social outcomes including Philanthropy Australia, B Lab Australia & New Zealand, and the Impact Investment Summit Asia Pacific.