kaal:claim:4685567-026

Impact 3.0 is bounded by market participants' purchasing choices: projects whose impact certificates find no purchasers after listing are less likely to proliferate or find long term commercial applications.

Source quote, verbatim
If market participants don't purchase impact certificates post-listing, those projects whose impact certificates do not find purchasers are less likely to proliferate and find commercial applications long-term.
From

Wulf A. Kaal, Impact Investing Innovation - From Impact 1.0 to 3.0 (2024), Impact Certificate Marketplace, p. 42
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: assertedfailure: No Purchaser Listing Failurefamily: liquidity-and-market-structure-failureeconomics

Verify

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Attestation record: colloquium/attestations/498982318afa72ad...json
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