Many impact investing experts agree that the sector can’t become a mainstream powerhouse until it produces standardized, vetted methods for impact data availability, metrics and measurement. Not that sexy, but crucial infrastructure for expansion of the field.
With that in mind, the Tipping Point Fund on Impact Investing (TPF) just announced it’s awarding about $3.3 million in grants to 16 organizations working on related projects. “We’re trying to build up the infrastructure around impact so that capital can flow more efficiently and transparently, and the impact is understood by a range of stakeholders,” says Fran Seegull, executive director of the TPF and president of the U.S. Impact Investing Alliance.