Journal of International Development Cooperation
Korea International Cooperation Agency
개발협력 이슈

A Brief Look at Impact Investment

Richard Biggs1
1D3Jubilee Inc. Managing Director

© Copyright 2014 Korea International Cooperation Agency. This is an Open-Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License ( which permits unrestricted non-commercial use, distribution, and reproduction in any medium, provided the original work is properly cited.

Published Online: Apr 01, 2019

I. Introduction

What will the world look like in fifty years’ time? What is the legacy we will leave to our children? Will our children’s children inherit a world bereft of social capital and ravaged by environmental crisis? Will the rapacious self-interest of the modern financial system and the guilty indifference of the post-modern individual ever serve the needs of the most vulnerable in society? Is there no way of harnessing the immense power of capitalism to solve some of these problems through market-based principles?