

Investing for Impact
British International Investment
We are the UK's development finance institution and impact investor, backed by the UK Government.
With over 75 years’ experience, we are a trusted investment partner to businesses in Africa, Asia and the Caribbean. We invest to create productive, sustainable and inclusive economic outcomes for those that need our capital the most and who want to build better lives for themselves and their communities.
We currently partner with over 1,000 businesses, working with our investees to help them succeed and grow impactful businesses.
With over 75 years’ experience, we are a trusted investment partner to businesses in Africa, Asia and the Caribbean. We invest to create productive, sustainable and inclusive economic outcomes for those that need our capital the most and who want to build better lives for themselves and their communities.
We currently partner with over 1,000 businesses, working with our investees to help them succeed and grow impactful businesses.
Episodes
Mentioned books

Jan 8, 2026 • 27min
IMPACT= Post COP30 reflections on mobilising capital for climate and development
In this post‑COP30 debrief, BII’s Amal‑Lee Amin is joined by two leading voices in climate finance - Nick Mabey, CEO of E3G and founder of London Climate Action Week, and Rhian‑Mari Thomas, CEO of the Green Finance Institute, to share their reflections on what the summit delivered and how progress can be accelerated.Together, they discuss the key outcomes from COP30, examine the funding gaps that remain in global climate commitments, and reflect on how multilateral cooperation can be strengthened at a time of increasing geopolitical uncertainty.From the future of climate finance to the practical realities of turning pledges into measurable progress, the conversation highlights why collaboration across governments, institutions, and markets has never been more important.Listen to more about the progress being made to tackle the climate crisis, and explore how we can accelerate real‑world solutions to address the greatest challenge facing the world today.

Aug 21, 2025 • 32min
IMPACT= Investing for gender equity and climate resilience
In this episode, we explore intersection between gender equity and climate resilience in emerging markets. Recorded during London Climate Action Week, this fireside chat features Lori Kerr, CEO of FinDev Canada, and Leslie Maasdorp, CEO of British International Investment, in conversation at our London office.
Together, they discuss how integrated investments in gender and climate are already driving transformative change in low-income countries and communities. From empowering women entrepreneurs to building climate-resilient businesses, they share real-world examples of initiatives that are delivering economic, social, and environmental impact.
Listen to learn more about how investing with an intersectional lens can unlock sustainable development and improve lives across in emerging and developing economies.

May 20, 2025 • 37min
IMPACT = Using blended finance to increase private capital in emerging markets
Joan Larrea, CEO of Convergence and a leader in blended finance, discusses the urgent need for private capital in emerging markets as public development budgets shrink. She breaks down blended finance, emphasizing its potential to align commercial and concessional funds to drive sustainable development. The conversation covers the challenges of investing in the global south and strategies to de-risk these investments. Joan also reflects on the future of international development post-USAID, highlighting the necessity for innovative partnerships and approaches.

Mar 5, 2025 • 35min
IMPACT = Podcast with Cherie Blair, CBE KC
For this special International Women’s Day episode, we are joined by Cherie Blair, CBE KC, a distinguished barrister and human rights lawyer. A passionate advocate for women’s rights, Cherie is a true champion for gender equality.
In this episode we discuss with her the impactful work of the Cherie Blair Foundation for Women, which she founded in 2008. The Foundation empowers women entrepreneurs in low and middle-income countries by providing skills, technology, and financial resources.
They have just published a new report that highlights how digital technologies are a double-edged sword for women entrepreneurs in low and middle-income countries. While providing invaluable new ways of growing a business, the rise in online sexual harassment and misogyny aimed at female entrepreneurs is undermining the benefits of the technological revolution.
The wide-ranging conversation explores the importance of economic gender justice and how empowering women can lead to broader societal benefits.

Feb 13, 2025 • 23min
IMPACT = Pioneering catalytic capital – A decade of learning
In this special episode of the Impact = podcast, we reflect on 10 years of pioneering catalytic capital through BII’s Catalyst portfolio. Since its launch in 2014, Catalyst has committed $1.6 billion to high-impact investments, supporting over 108,000 jobs, enabling 100% renewable power production, and reaching 7.7 million farmers.
We held an event to celebrate the 10th anniversary of the Catalyst portfolio and share some of the lessons we’ve learnt along the way. These insights are also included in our ‘Pioneering catalytic capital’ report.
To mark this milestone, we are joined by industry leaders:
Laurie Spengler, Founder, Courageous Capital Advisors
Michael Anderson, Chief Executive, MedAccess
Raghuram Talluri, Chief Executive, Loadshare
Maria Smith, Chief Impact Officer, BII
Hosted by ImpactAlpha’s Jessica Pothering
Together, we explore the lessons captured in our new report, Pioneering Catalytic Capital: A Decade of Learning, and discuss how investors can drive impact by embracing risk where it matters most.

Jan 24, 2025 • 23min
IMPACT = Lessons from six years in gender investing
Worldwide, gender inequality is deeply ingrained in systems and institutions. And women’s economic participation is limited by the discrimination and unequal opportunities they face. Despite progress, the world isn’t on track to achieve gender equality by the end of this decade.
At British International Investment (BII), we are committed to making our investments work for women and, in 2018, we launched our Gender Finance Strategy. Our aim was to support companies in becoming more diverse, with more women leaders, and more high-quality jobs and products that meet women’s needs.
Six years later, we’ve taken stock of our progress and what we’re learning, and we’ve shared these findings in a report, titled ‘Closing the Gap: Lessons from six years of investing in women’, which you can find on our website.
At the end of 2024, we hosted an event to delve deeper into some of the themes in the publication and ask how we can best support businesses in further advancing gender equality.

Oct 1, 2024 • 40min
IMPACT = Podcast with Mohamed Nasheed, Chair of the Climate Vulnerable Forum and former President of the Maldives
Mohamed Nasheed, the former President of Maldives - a prominent climate activist and distinguished politician joins us for this episode of the IMPACT= Podcast.
He is Chair of the Climate Vulnerable Forum (CVF), an international partnership of countries highly vulnerable to climate change that advocates for stronger global climate action. The CVF works to amplify the voices of the most affected nations in global climate discussions.
In this conversation Nasheed shares his personal journey from political leader to climate champion. He also discusses the urgent need for global action on climate change, and the vital role of South-South collaboration in addressing climate challenge and promoting sustainable development
Nasheed served as President from 2008 to 2012, advocating for democracy and environmental sustainability. He gained global recognition for his efforts to combat climate change, including holding an underwater cabinet meeting to highlight rising sea levels.
He believes that developing countries can share knowledge, technology, and resources to build resilience against climate impacts. By working together, these nations can create innovative solutions tailored to their unique challenges and drive collective progress towards sustainability.

Jul 23, 2024 • 32min
IMPACT = Podcast with Tom Hall, Head of Social Impact & Philanthropy at UBS on philanthropic investing's role in the impact economy
In this episode of the IMPACT= Podcast, we talk to Tom Hall, Head of Social Impact and Philanthropy at UBS, one of the world’s leading wealth managers.With nearly 20 years' experience working in impact and philanthropy, Tom is passionate about finding ways to catalyse scalable solutions to the pressing social and environmental problems the world is facing.In this conversation, Tom shares his experience of working with philanthropists who want to use their resources to change the world. And discusses why he believes sustainable investments with tangible impact outcomes, are key to driving real change.Tom leads UBS’s Social Impact team of over 150 professionals across the globe, who work with clients and UBS employees to maximize their impact locally and globally. Prior to joining UBS in 2013, Tom spent his career in the non-profit sector. As Director of Philanthropy and Social Investment at the Disability Charity Scope, he pioneered the use of social investment structures, including the Scope Bond which was the first listed bond issued by an operational charity in the UK. Tom also worked with the cabinet office on the development of the new Social Investment Tax Relief.

Jun 26, 2024 • 43min
IMPACT = Podcast with Manfred Schepers, CEO and Founder of ILX Management on why pension funds should be partners with development finance institutions
In this episode of the IMPACT= Podcast, we talk to Manfred Schepers, the founder and CEO of ILX Management, the Amsterdam-based manager of emerging market-focused private credit fund, ILX Fund.He believes that not only are development finance institutions among the best emerging market investors in the world, but pension funds should be looking to commit capital alongside them.ILX provides institutional investors access to investment opportunities of the development finance asset class, by investing in private-sector loans arranged by Multilateral Development Banks and Development Finance Institutions (DFIs).The rationale for his approach? Because DFIs have a proven track record of producing solid and long-term financial results and have very low rates of investment failures, despite investing in some of the least developed markets in the world.Manfred has over 30 years’ of senior-level experience in both development finance and international capital markets. Prior to founding ILX Management, he was Vice President and Chief Financial Officer at the European Bank for Reconstruction and Development (EBRD) and led the Bank’s Institutional Investment Partnership program. He has also worked at SBC Warburg and UBS where he was Global Head of Debt Capital Markets from 1990-2004.

Jun 6, 2024 • 26min
IMPACT = Podcast with Jane Goodland, Group Head of Sustainability at the London Stock Exchange Group
In this episode of the IMPACT= Podcast, we talk to Jane Goodland, Group Head of Sustainability at the London Stock Exchange Group (LSEG) - a cornerstone of global finance, providing a platform for businesses and economies to access capital, manage risk, and create jobs.In this role, Jane leads a team who work in partnership with a wide range of stakeholders across the business and externally, to embed LSEG’s sustainability strategy across the full value chain including its own operations, supply chain, market engagement and customer solutions.Jane has over 25 years of experience in sustainable finance. Her extensive career has seen her at the forefront of the sustainable and responsible investment market, where she has been instrumental in designing and establishing new sustainable finance capabilities across various market segments.Prior to her role at LSEG, Jane served as the Corporate Affairs Director at Quilter, specializing in external communications, public affairs, responsible investment, and stakeholder engagement. Her tenure at Willis Towers Watson as the Global Head of Sustainable and Responsible Investment further solidified her expertise, where she developed new manager research capabilities and consulted on investment services for large institutional clients.In this conversation, we talk to Jane about her pivotal role in shaping the group's sustainability strategy on a global scale and making the most of London's position as global financial hub to drive sustainable practices and impact investment.


