Sustainable Finance & Impact Investment Strategies
We guide our clients in developing and/or diversifying their sustainable and/or impact investment strategies and support them in its implementation.
We have supported a broad range of stakeholders on this including: public sector (governments, multilateral agencies), private sector (family offices, investment funds, companies, foundations), and institutional investors (banks, investors).
How We Do It:
- Development of ESG, Sustainable Finance and Impact Investment strategies
- Training and supporting teams in strategy implementation
- Diversifying fundraising strategies for social enterprises and non-profits
- Market research and peer benchmarking
Our Work
- Bolivia: Strengthening of sustainable finance initiatives, and guidelines of the Bolivia Central Bank. In partnership with UNDP and Roa Partners. (2025)
- Perú: development of the Social Finance Taxonomy together with IADB Invest and group of key private and financial sector associations. (2025-2026)
- Guatemala: develop the Voluntary Social Finance Taxonomy for IADB Invest and CENTRARSE. (2024-2025)
- Argentina: Developed the National Sustainable Finance Strategy for the Ministry of Economy Sustainable Finance Technical Committee.
- Argentina: Designed a social and environmental impact investment fund for the San Juan Investment Development Agency.
- Argentina: Provided recommendations for the 2019 Impact Investment Strategy of the Inter-American Development Bank (IDB).
- Paraguay & Uruguay: Advised on the Impact Investment Strategy for the United Nations Development Program (UNDP).
- Conducted training for key Latin American public sector players on the SDG Impact Standards (UNDP).
- Implemented advocacy and training actions in the public sector and market, in collaboration with the Global Steering Group for Impact Investment and the Argentina Impact Investment Working Group (Uruguay).
- UNPRI: Supported the development of an investor advocacy strategy “SPRING” to prevent deforestation in soy and palm oil supply chains in the Gran Chaco region (Argentina) and Indonesia. (2023-2024)
- Puerto Asís Investments (Family Office): Recommendations for developing an ESG and Impact investment mandate.
- Lundin Mining (Corporation): Developed the Seed Capital Program for SMEs in San Juan, Argentina.
- UNPRI: supported the development of UNPRIs Impact Investment strategy.
- GridX (Fund): Developed an Environmental and Social Management System (ESMS).
- NXTP (Fund): Advised on impact investment and management strategy.
- Fairtrade Foundation (NGO): Analyzed opportunities and developed a global impact investment strategy.
- Christian Aid (NGO): Analyzed opportunities and developed an impact investment strategy.
- Zambrano Foundation (NGO): Analyzed alternative financing schemes for the organization’s work.
- The Future Company (Social Enterprise - Start-up): Developed an impact investment financing strategy.
- Impact Investing in Argentina, a sustainable development opportunity (UNDP)
- Impact Investing in Chile, opportunities and challenges in a growing market (UNDP)
- Impact Investing in Paraguay, a market with immense potential (UNDP)
- Impact Investing in Uruguay, a growing market (UNDP)
- UN Women (Uruguay, Bolivia, Chile): market conditions and opportunities for gender lens investment (2021).
- USAID: Market study on institutional, commercial, and private investors to understand the challenges of gender-lens investing in Latin America (2021).
- UNDP Bolivia: Market study on impact investment opportunities and challenges in Bolivia for SDG Joint Fund financing proposals (2020).
- UNDP Paraguay: Reports on impact investment market opportunities, and challenges in Argentina, Uruguay, Paraguay, and Chile (2020/21).
- Latin American Results-Based Financing Network: Regional report on the use of Results-Based Financing in Latin America (2020).
- Argentina Impact Investment Group: Study on opportunities and challenges in Argentina's impact investment market (2017).
Impact Management & Measurement
We support clients in defining the impact they want to achieve, and in systematizing and automating the data to measure and report it.
Our focus is on identifying long-term impact and designing the indicators and methodologies to measure and deeply understand each case. We deliver tailored solutions, utilizing both qualitative and quantitative evidence.
How We Do It
- Theory of Change and impact strategy development
- Performance and impact indicators design
- Design and implementation of rigorous measurement frameworks
- Digitalizing and automating impact monitoring and reporting
- Carrying out Impact evaluations
Impact Measurement & Reporting Platform
We developed a digital impact management platform for IDB Invest, enabling financial institutions to measure and report the social and environmental effect of their financing on clients (individuals and businesses).
The platform focuses on three core pillars: social, economic, and environmental, and is customizable for each client’s needs. It tracks financial inclusion, economic growth, job creation, and gender-specific indicators, as well as environmental measures like energy efficiency, GHG emissions, and green bond-related metrics.
The tool gathers data both pre- and post-financing (12-24 months) to assess the long-term impact of funding on client growth.
Key Benefits
- Real-time monitoring and data collection
- Improved data management and decision-making
- Facilitating the development of impact reports and compliance
- Meeting donor requirements and improving products/services
We are certified impact management consultants by:
Our Work
- Design of the performance management tools and capacity building of the implementing team for the first Outcome Payment contract in Peru “Elevathech”. Funded and implemented by the IAD Lab and Es Hoy.
- Bemberg Foundation: developed impact management strategy and performance management tools.
- Pescar Foundation: developed impact management strategy and performance management tools.
- Pro Mujer Inc.: Development of Pro Mujer’s Theory of Change and its education, health, financial services and consultancy programmatic areas.
- Developed an impact management system for ASOBAN (Bolivia’s private banking association) to track banking contributions to sustainable development.
- Designed a financial impact measurement system for IADB Invest to track financing effects on women-owned SMEs in Latin America.
- Built impact measurement platforms for Banco de Desarrollo Productivo (Bolivia) to monitor the financing effect on beneficiaries through development financial institutions.
- Fundación Bemberg
- Fundación Pescar
- Pro Mujer Internacional
- Fundación Compromiso
- INDELA
- Fundación Zambrano
Structuring Impact investment Instruments
We specialize in the design, structuring, and fundraising of impact investment instruments, offering solutions tailored to client needs. From concept to implementation, we ensure the creation of financial tools that drive measurable impact.
How We Do It
- Structuring impact investment funds
- Designing social impact bonds and pay-for-results contracts
- Structuring green & social bonds aligned with ICMA and SDG Impact standards
- Designing gender-lens financing strategies
- Providing financing solutions for the SME sector with an impact focus
Our Work
- Designed a pay-for-results instrument for Colombia’s Public Employment Service Unit, funded by the Interamerican Development Bank, Mas Pago Por Resultados Colombia and Fundación Corona.
- Structured a Blended Finance solution for the Peruvian agricultural value chain – Aliados de Impacto Perú, funded by COFIDE, Helvetas – SECO (Swiss Cooperation).
- Conducted feasibility study and designed a pay-for-results instrument for Es Hoy Peru, funded by IDB.
- Pro Mujer Argentina: Development, fundraising and issuance of 2 Gender Bonds under local and international capital market regulations.
- BDP Bolivia – developed framework for Bolivia’s first sustainable bond, aligned with SDG standards and ICMA principles.
- Lundin Mining – BHP – Developed a Seed Capital Program for SMEs in Argentina.
- Structured and managed Argentina’s first Social Impact Bond to boost employment for vulnerable youth.
- Open Society Foundation – Conducted a feasibility study and designed a pay-for-results contract addressing the needs of refugees and displaced persons in Argentina.
- Fundación Caricaco – Designed the first pay-for-results contract in Argentina to enhance youth employability.
- San Juan Investment Agency – Developed a social and environmental impact investment fund.
- UNDP Argentina – Developed a feasibility study and designed a Social Impact Bond for training educational leaders in Salta.
- Fundación Alimentaris – Designed and managed a pay-for-results contract for Argentine Food Banks, focusing on food recovery and distribution.
Knowledge Generation & Training for Sustainable Development.
We bridge emerging and developed markets by transferring innovative knowledge and building market intelligence. We collaborate with key local and international partners to develop training programs, seminars, and educational initiatives focused on sustainable finance, impact investing, and impact management.
How We Do It
- Conducting market intelligence studies and sectoral reports for public and private actors
- Designing impact investing and sustainable finance courses
- Offering impact management training for organizations
Our Work
- Gender Platform – Developed with Pro Mujer, a free-to-use platform offering gender inclusion strategies for financial sector actors to drive gender equality.
- Impact Investing market studies in Argentina, Chile, Paraguay, and Uruguay.
- Gender lens investment market assessment and recommendations in Chile, Bolivia and Uruguay, for UN Women.
- “Impact Investment Executive Course” at Universidad Torcuato Di Tella, Argentina.
- “Transition to Impact Management” with Keidos Impacto Legal and Fixit