First impact investment summit to be held on Nov 10

The first ever summit on Impact Investment in Bangladesh is to be held on 10th of November at The Westin Dhaka.

The summit, namely Impact Investment Summit Bangladesh, with the theme ‘Driving the Sustainable Agenda’ has been initiated by Build Bangladesh (www.buildbangladesh.org.bd) and will be organized by Bangladesh Brand Forum, according to a Bangladesh Brand Forum press release.

It aims to develop an understanding of the status of the global impact investing market, as a critical input to future investments and engagement to grow this market in Bangladesh.

Finance Minister Abul Maal Abdul Muhith will grace the summit as the chief guest.

A rather new term, Impact Investment was first coined in 2007 by Rockefeller Foundation. As defined by The Global Impact Investing Network (GIIN), impact investments are such investments made into companies, organization and funds with intention to generate social and environmental impact alongside a financial return, according to the press release.

There will be four specialized panel discussions which will focus on four fundamental industries – Impact Investment: Financial Institution, Agriculture and Food Security, Ready Made Garments (RMG), and Health & Well-being.

The discussions will explore the current scenario and possibilities of Impact Investment in these sectors in Bangladesh.