Impact investing central to Scotland’s development bank strategy

The head of impact at SNIB discusses the motivations for setting up a development bank dedicated to direct capital to response to Scotland’s economic, social and environmental challenges.

SNIB’s main challenges are centred around tackling the climate emergency, place-based inequality and demographic pressures on the economy | Affordable housing development in the Shetland Islands, SNIB

Sandy MacDonald, executive director and head of impact for the Scottish National Investment Bank (SNIB), Scotland’s domestically-focused development finance institution, starts our conversation explaining the origins of the organisation.

 In 2017, the former Council of Economic Advisers (CEA) gave the Scottish Government advice on…

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