A new report titled ‘Demystifying Urban Healing and Advancement: Instruments and Strategies‘ has now been released. The report, launched on September 7, serves as a fundamental document to activate place-based impact investing in Turkey. It’s based on consultations with international, public, and private sector representatives and a thorough literature review. The report focuses on effective approaches and financial instruments available in the country and highlights the importance of catalytic capital.

This report is part of the ‘Scaling Catalytical Capital Deployment to Address the Informal Settlements Crisis’ Project, a collaboration between The Global Steering Group for Impact Investment (GSG) with support from the Catalytic Capital Consortium (C3). The project was based on the important “Informal Settlements: No Longer Invisible” report, which was launched by the GSG policy team in July 2022. The report aimed to increase awareness about urban resilience and the role of the private sector. It also intended to create a transparent and action-oriented knowledge hub for impact investing in specific places and lay the foundation for this field by bringing different areas of expertise together. This report is a global call to action, motivating efforts to implement effective and scalable solutions. 

C3, launched in 2019, is an initiative created and led by the MacArthur Foundation, The Rockefeller Foundation, and Omidyar Network. They jointly fund the $10 million C3 Grantmaking program, which focuses on engaging investors, advancing research, networking, peer learning, and other activities to promote the use of catalytic capital globally.