Social Impact Investing and Its Role in Sustainable Development in Pakistan
Abstract
Social impact investing has emerged as a promising approach to address pressing social and environmental challenges while generating financial returns. This study aimed to explore the role of social impact investing in promoting sustainable development in Pakistan. It investigated the current landscape, opportunities, challenges, and potential impacts of social impact investing on various sectors, including education, healthcare, agriculture, and renewable energy. The research employed a mixed-methods approach, combining qualitative data from expert interviews and secondary sources with quantitative data from a survey of impact investors and social enterprises. The findings revealed a growing interest in social impact investing in Pakistan, driven by the country's development needs and untapped market potential. However, challenges such as a lack of regulatory frameworks, limited awareness, and insufficient investment-ready opportunities hinder its widespread adoption. The study proposes strategic recommendations to foster an enabling environment for social impact investing and harness its potential to contribute to the United Nations Sustainable Development Goals (SDGs) in Pakistan.
Keywords: Social Impact Investing, Sustainable Development