Impact investing has been the buzzword as of late in global philanthropy and with the International Community of the Red Cross (ICRC) having launched 'humanitarian investment bonds' (HIB) back in 2017, it leaves one to wonder if investing in conflict is a good choice? Discussing the benefits of investment during conflict, we sit down with Sami Hamdi, Editor and Chief of The International Interest to uncover not only the advantages to the investor, but the potential to foster sustainable peace and economic empowerment.
In September 2017, the International Committee of the Red Cross (ICRC) launched the new endeavour entitled “Humanitarian Impact Bonds” (HIBS) with the intention to sanction money from the private sector towards development in conflict zones. But can this be of benefit? How does it work and if it does work, how do we spread the word? We discuss more about the potential for HIBs in today’s episode.