kaal:claim:4685567-018

Impact 3.0 makes verification a precondition of funding: unlike Impact 1.0 and 2.0, where projects could receive funding without impact verification, Impact 3.0 only allows funding where projects are verified and demonstrate impact via milestones.

Source quote, verbatim
Unlike Impact 1.0 and 2.0 where projects may receive funding despite a lack of impact verification, Impact 3.0 only allows project funding if projects are verified and demonstrate impact via milestones.
From

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Impact 3.0, p. 33
https://ssrn.com/abstract=4685567 · source PDF

Cite as

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024). SSRN: https://ssrn.com/abstract=4685567

Holds when
Classification

conditionsupport: assertedinstitutional-design

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