The Global Impact Investing Rating System (GIIRS), which utilizes the Impact Investment and Reporting Standards, was launched to the public. GIIRS is a ratings system for mission-driven organizations and funds.

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"[GIIRS] is expected to open the way for the already clearly identified pent up demand of high net worth investors, family offices and institutional wealth managers. It will let these new-style investors compare and measure the kind of social and environmental impact they can expect from their investments and donations. GIIRS will be a bridge that should accelerate the flow of capital to good."

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