Institutional investors to meet in Baku

On September 26, Baku will host an investment conference organized by the State Oil Fund of Azerbaijan (SOFAZ).

Report informs that organized jointly with the International Financial Corporation (IFC), the conference on Impact investing will discuss the investment climate, challenges facing the investors and impact of investment.

The conference is aimed at an exploration of the transformative power of capital to change the world’s trajectory through investments that have consequences not just for investors, but also for whole communities and for the economy at large. Over the last decade, impact investing – a targeted approach to investment in companies, organizations, and funds with the intention of generating social and/or environmental impacts alongside a financial return – has gained interest and traction within the financial sector. Impact investment funds are increasing in numbers and their track records are showing early evidence of realizing positive financial returns and social impact.