The GIIN
MENU
  • About Us

    About the GIIN

    • Who Leads the GIIN
    • Members
    • Signatories
    • Supporters
    • Press
    • Careers

    About Impact investing

    • What is impact investing?
    • Core Characteristics of Impact Investing
    • Explore careers in the industry

    Thought Leadership

    • Research Publications
    • Case Studies
    • Opinions
    • Impact Now, the GIIN's podcast and video series
    • Impact Dispatch, the GIIN’s monthly editorial newsletter
    • Newsletters
  • Our Work

    Knowledge & Practice Development

    • Research Publications
    • Impact Measurement and Management (IMM)
    • IRIS+
    • Operating Principles of Impact Management (OPIM or Impact Principles)
    • Training
    • Impact Lab
    • Case Studies
    • Opinions

    Investor Engagement

    • Membership
    • Operating Principles of Impact Management (OPIM or Impact Principles)
    • Climate Finance & Climate Solutions Investing
    • Institutional Asset Owner Capital Mobilization Program
    • Blended Finance & Catalytic Capital
    • Investors Council
    • Corporate Impact Investing Initiative
  • Get Involved

    Get Involved

    • Become a Member
    • Become a Signatory
    • Impact Investor Survey
    • Support the GIIN
    • Explore careers in the industry
    • Careers
  • Events

    Events

    • Events
    • GIIN Impact Forum
    • GIIN West Coast Impact Forum
    • Climate Events
    • Member-Only Events
  • Become a member

Research

State of the Market 2025: Trends, Performance and Allocations

October 08, 2025

by Dean Hand, Maddie Ulanow, Renée Remsberg and Kelly Xiao

As the field-builder for impact investing, the GIIN conducts and publishes research as a free public good, providing insights that investors need to navigate an ever-changing market. 

The GIIN’s latest market intelligence, the State of the Market 2025: Trends, Performance and Allocations is now available. 

This year’s GIIN Impact Investor Survey paints a clear picture: despite global headwinds, the impact investing market continues to grow. Impact AUM has increased at a compound annual growth rate of 21% over the past six years with an 11% increase in the past year — a signal of enduring confidence in our market.

Investors are targeting sectors where capital is most needed: inclusive financial services, healthcare, housing and clean energy. These investments generate meaningful outcomes, especially for people with lower incomes and limited access to essential services. Beyond this steady growth, signs of momentum are emerging. The majority of this year’s survey respondents plan to increase investments in climate solutions, water and sanitation, and sustainable agriculture in the years ahead. 

These decisions aren’t driven by market forces alone. Many investors are guided by mission alignment, environmental goals and social progress. Increasingly, they are allocating capital to generate measurable social and environmental benefits — delivering real-world outcomes and compelling financial returns, often outperforming traditional assets.

This report is part of the GIIN’s 2025 Market Intelligence Series, based on the 2025 Impact Investor Survey. It captures reliable data from 429 organizations across 54 countries.

State of the Market 2025: Trends, Performance and Allocations

Download

The GIIN
  • About the GIIN
  • About Impact Investing
  • Support the GIIN
  • Membership Login
  • Impact Principles (OPIM)
  • IRIS+ Login

Stay Connected

Sign up to receive our newsletter and announcements about the latest impact investing news, events and research.

Processing
  • Cookie Settings
  • Legal
  • Privacy
  • Contact Us
  • Press
  • Newsletters
  • LinkedIn
  • LinkedIn

Copyright © 2026 - Global Impact Investing Network