News and publications

View DWM’s impact reports, press releases, publications, and outside coverage of DWM.

Impact Reports

Developing World Markets Impact Report 2025

June 2025

Annual Impact Report 2024: SDGs Credit Fund

September 2024

Developing World Markets Impact Report 2024

July 2024

Annual Impact Report 2023: Trill Impact-DWM SDGs Credit Fund

August 2023

Developing World Markets Impact Report 2023

June 2023

Developing World Markets Impact Report 2022

August 2022

Developing World Markets Impact Report 2021

December 2021

Responsibility and Impact Report AIMF III – 2021

January 2021

Developing World Markets Impact Report 2020

January 2020

Responsibility and Impact Report AIMF III – 2020

January 2020

Developing World Markets Impact Report 2019

January 2019

Responsibility and Impact Report AIMF III – 2019

January 2019

Responsibility and Impact Report AIMF III – 2018

January 2018

Developing World Markets Impact Report 2018

January 2018

Responsibility and Impact Report AIMF III – 2017

January 2017

Responsibility and Impact Report AIMF III – 2016

January 2016

Responsibility and Impact Report AIMF III – 2015

January 2015

Developing World Markets Social Impact Performance Report 2014

January 2014

Developing World Markets Social Impact Performance Strategy 2012

January 2012
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  • Impact and ESG Policies
  • Impact Report
  • Media and Press Releases
  • Publication

Developing World Markets Impact Report 2025

June 18, 2025

Operating Principles Disclosure 2024

December 9, 2024

DWM Gender Lens Investing Approach

October 4, 2024

Developing World Markets, Suryoday Small Finance Bank, and Saathi Money Join Forces for Financial Resilience

DWM

September 18, 2024

Annual Impact Report 2024: SDGs Credit Fund

DWM

September 10, 2024

Developing World Markets Impact Report 2024

DWM

July 16, 2024

DWM Awarded LuxFLAG Microfinance Label for SDGs Credit Fund

DWM

July 3, 2024

Independent Verification Report 2024

March 26, 2024

DWM Achieves Industry-Leading Ratings of Alignment with Impact Principles

DWM

March 26, 2024

DWM Exits Its 5.1% Equity Stake in Inecobank CJSC

DWM

February 26, 2024

Operating Principles Disclosure 2023

December 31, 2023

DWM Unveils a Refreshed Corporate Image

DWM

November 7, 2023

Annual Impact Report 2023: Trill Impact-DWM SDGs Credit Fund

DWM

August 25, 2023

Developing World Markets Impact Report 2023

DWM

June 28, 2023

DWM Joins 2X Global

DWM

May 8, 2023

Climate Change and Inclusive Finance: Insights from Developing World Markets’ Portfolio

DWM

March 2, 2023

SFDR Disclosure for Trill Impact DWM SDGs Credit Fund

January 24, 2023

Operating Principles Disclosure 2022

January 11, 2023

DWM Directors Featured on FinEquity Blog, Showcasing Gender Equity Work

DWM

October 18, 2022

DWM Head of Private Equity Featured on Portico Podcast

DWM

October 5, 2022

Bloomberg TV Features DWM Head of Private Equity Aleem Remtula

October 3, 2022

Gender, Power, and Process in Financial Inclusion: Insights from Developing World Markets’ Private Equity Portfolio

DWM

September 28, 2022

DWM Releases New Report on Gender, Power, and Process in Financial Inclusion with Insights from the DWM Private Equity Portfolio

DWM

September 28, 2022

New Private Markets, Environmental Finance, and OnImpact Spotlight DWM’s 2022 Impact Report

DWM

September 12, 2022

DWM Releases Annual Impact Report, Leveraging New Industry Benchmarks to Highlight Robust Performance on Financial Inclusion and Gender Equity

DWM

August 30, 2022

Developing World Markets Impact Report 2022

DWM

August 30, 2022

Developing World Markets Opens Tbilisi Office in Strategic Expansion

DWM

August 2, 2022

ImpactAlpha Interviews DWM Partner to Highlight Resilience of Impact Investing Amid Market Volatility

DWM

May 25, 2022

DWM Hires Region Head for South & Southeast Asia

DWM

May 11, 2022

DWM Promotes Suma Swaminathan to Director

DWM

April 28, 2022

ESG Policy Statement

April 8, 2022

DWM Selected for 2022 List of Innovative Fund Managers Focused on Deep Impact

DWM

March 15, 2022

ImpactAlpha Features DWM’s Approach to Supporting Displaced Communities

DWM

January 12, 2022

New Private Markets Spotlights DWM’s Role in Rewriting Risk Perceptions

DWM

January 11, 2022

DWM Releases Annual Impact Report

DWM

December 16, 2021

Developing World Markets Impact Report 2021

DWM

December 16, 2021

FundFire Spotlights DWM’s Displaced Communities Fund

DWM

December 9, 2021

Operating Principles Disclosure 2021

DWM

December 2, 2021

DWM Appoints Hannah Schiff as Director of Impact

DWM

December 1, 2021

Independent Verification Report 2021

March 31, 2021

DWM Joins Net Zero Asset Managers Initiative

Net Zero Asset Managers Initiative

March 29, 2021

Responsibility and Impact Report AIMF III – 2021

January 1, 2021

Operating Principles Disclosure 2020

DWM

December 2, 2020

DWM in Partnership with Nordea and Trill Impact

DWM

October 22, 2020

DWM Displaced Communities Fund

September 19, 2020

Everyone loses with shareholder value, including shareholders | Brad Swanson, DWM Partner

DWM

August 31, 2020

DWM Secures $90 Million for Sustainable Impact Investments from Nordic institutions

DWM

July 7, 2020

DWM Launches SDG-Aligned Impact Investment Strategy Backed by Nordic Institutional Investors

DWM

July 1, 2020

DWM Portfolio Company Suryoday: Microfinance customers are also going digital: R. Bhaskar Babu

mint

June 8, 2020

DWM Portfolio Company HNB Finance makes CSE trading debut today

DailyMirror (Sri Lanka)

May 20, 2020

Covid 19 Impact Coordination Among Lenders

April 23, 2020

DWM Portfolio Company InecoBank Joins the fight against COVID19 with InecoMobile

banks.am

March 20, 2020

DWM Portfolio Company Crystal: USAID Program YES-Georgia to Support Youth & Women Entrepreneurship

Georgia Today

February 3, 2020

Developing World Markets Impact Report 2020

DWM

January 1, 2020

Responsibility and Impact Report AIMF III – 2020

January 1, 2020

PIIF Inclusive Finance Assessment Report Developing World Markets 2020

PRI

January 1, 2020

DWM Portfolio Company Banco FIE lanza su “megarendidora” con una tasa de interés del 4,5 por ciento

Los Tiempos

December 10, 2019

DWM Portfolio Company CFE continúa su proceso de transformación con su nueva Casa Matriz

Capital Financiero

December 6, 2019

DWM Portfolio Company Centro Financiero Empresarial: Ejemplo que arrastra

E&N

December 2, 2019

DWM Portfolio Company SMILE: Over-borrowing a concern in growing microfinance sector: Smile Microfinance MD Murali Srinivas

New Indian Express

November 30, 2019

Shareholder Value Bites the Hand That Feeds It | Brad Swanson, DWM Partner

DWM

October 1, 2019

DWM microfinance and impact investment strategy highlighted

Monega

June 5, 2019

Developing World Markets Announces New Partners

DWM

May 9, 2019

Developing World Markets Impact Report 2019

January 1, 2019

Responsibility and Impact Report AIMF III – 2019

January 1, 2019

Church Pension Fund releases video case study on its anchor support of the DWM Off-Grid, Renewable Energy and Climate Action Impact Note

Church Pension Group

July 31, 2018

Leonardo DiCaprio invests in Kingo, a Guatemalan off-grid solar company funded by DWM’s ORCA note

Fast Company

April 26, 2018

DWM makes its first debt investment in Myanmar from the AIMF III fund it advises

Deal Street Asia

April 25, 2018

Developing World Markets Impact Report 2018

January 1, 2018

Responsibility and Impact Report AIMF III – 2018

January 1, 2018

DWM-advised Funds from IIV and ACTIAM Lend $32m to Sri Lanka’s Lanka Orix Leasing Company (LOLC) Micro Credit

MicroCapital

October 3, 2017

The race to solar power Africa – featuring Off Grid Electric, a DWM portfolio company

New Yorker

June 26, 2017

Episcopalian, Methodist Churches Plow $60MM into Developing World Off-Grid Solar

Microgrid Media

March 3, 2017

Developing World Markets invests in 11 enterprises to fight energy poverty

ImpactAlpha

March 2, 2017

How Off-Grid Solar Can Help Stem the Rising Refugee Tide

Solar Magazine

March 2, 2017

Developing World Markets’ Social Impact Note Lends $60.8 Million for Off-Grid Solar and Climate Action

DWM

February 28, 2017

Responsibility and Impact Report AIMF III – 2017

January 1, 2017

d.light Secures $7.5 Million from Developing World Markets, Raising Total of $30 Million This Year For Off-Grid Solar

DWM

October 31, 2016

DWM is serving as an advisor to SBI Securities in Japan

DWM

October 21, 2016

DWM is a new fund advisor to Invest in Visions (IIV)

DWM

September 19, 2016

DWM Surpasses $1 Billion in Impact Investments

DWM

July 12, 2016

Microcred China successfully raises HKD 558,000,000 in capital investment

Microcred

March 30, 2016

Eye4Impact AIMF III 2016

January 1, 2016

Responsibility and Impact Report AIMF III – 2016

January 1, 2016

TPC the first microfinance institution in Cambodia certified for Commitment to Client Protection

DWM

June 10, 2015

Eye4Impact AIMF I 2015

January 1, 2015

Eye4Impact AIMF II 2015

January 1, 2015

Responsibility and Impact Report AIMF III – 2015

January 1, 2015

Eye4Impact AIMF I 2014

January 1, 2014

Eye4Impact AIMF II 2014

January 1, 2014

Developing World Markets Social Impact Performance Report 2014

January 1, 2014

DWM Portfolio Company Velifin Receives USD 60 Million Guarantee from USAID

DWM

November 20, 2013

Developing World Markets Selected for ImpactAssets 50 2013

DWM

October 30, 2013

Eye4Impact AIMF I 2013

January 1, 2013

Eye4Impact AIMF II 2013

January 1, 2013

Eye4Impact AIMF I 2012

January 1, 2012

Eye4Impact AIMF II 2012

January 1, 2012

Developing World Markets Social Impact Performance Strategy 2012

January 1, 2012

Can Microfinance Reduce Portfolio Volatility? | Nicolas Krauss, DWM Intern 2007

February 1, 2008

The Role of International Capital Markets in Microfinance | Brad Swanson, DWM Partner

DWM

January 1, 2008

The Role of Private Sector Investment in International Microfinance and the Implications of Domestic Regulatory Environments

January 1, 2008

Securitization in Microfinance | Brad Swanson, DWM Partner

DWM

June 1, 2007

The Next 4 Billion: Market Size and Business Strategy at the Base of the Pyramid | Allen Hammond, William Kramer, Robert Katz, Julia Tran, Courtland Walker 2007

World Resources Institute

January 1, 2007