Response, Recovery, and Resilience Investment Coalition

"R3 Coalition”

An industry initiative accelerating impact investments to respond, recover, and build resilience in the face of COVID-19.

What is the Response, Recovery, and Resilience Investment Coalition – “R3 Coalition”?

Launched on May 12, 2020, the R3 Coalition aims to streamline impact investing efforts that will address the large-scale social and economic consequences of COVID-19. This initiative is a collaboration across prominent impact investing networks – to be managed by the Global Impact Investing Network as the organizing body – and is supported by a group of leading foundations.

How will the R3 Coalition accelerate impact investments in response to COVID-19?

This market-wide coalition will mobilize and coordinate impact investors to fill financing gaps and quickly deploy capital to high-impact investment opportunities responding to the current COVID-19 crisis. The R3 Coalition will be brought to life largely through virtual meetings that will connect the relevant impact investors to one another—and to the information and opportunities that can help transform the response to the COVID crisis.

As an immediate response, R3 Coalition aims to surface and showcase investment opportunities – particularly those related to health interventions and access to capital – for investors seeking new COVID-related investments. The R3 Coalition will also share learnings, insights, and resources with the wider investment community to inform and support longer-term economic recovery and resilience efforts.

Issue Briefs:

In June 2020, the R3 Coalition released its first issue brief, The Impact Investing Market in the COVID-19 Context: An Overview, which intends to describe the current state of play for impact investors. It includes data from the GIIN’s 2020 Annual Impact Investor Survey as well as new primary research sourced from the R3 Coalition participants.

On July 9, 2020, the R3 Coalition launched the second issue brief in the series to provide greater clarity on strategies used by impact investors to address due diligence constraints from travel restrictions and physical distancing, market volatility and uncertainty, and changing priorities: The Impact Investing Market in the COVID-19 Context: Due Diligence.

On August 6, 2020, the R3 Coalition released the third issue brief in this series to illustrate common challenges that entrepreneurs and intermediating financial service providers face because of the coronavirus crisis, as well as various strategies being implemented by impact investors to address these challenges: The Impact Investing Market in the COVID-19 Context: Investor Support of Enterprises

On September 15, 2020, the R3 Coalition released the fourth issue brief, which demonstrates the impact investing community's ongoing commitment to addressing inequality and building a future that is resilient to crises. Learn more in: The Impact Investing Market in the COVID-19 Context: Advancing Social Equity to Build Resilience

Learn more about the R3 Coalition in the Press Release here >

Why should impact investors get involved in the R3 Coalition?

Impact investors around the world have long contributed to addressing global challenges such as climate change, poverty alleviation, access to healthcare, and more. Unfortunately, as the COVID-19 pandemic continues evolve, we are seeing devastating impacts on global public health, disruptions to business and livelihoods, as well as many longer-term impacts to come on economic and social development. That is why now, more than ever before, we need impact investors to play a powerful role in addressing the broader ripple effects of this crisis.

How can impact investors get involved in the R3 Coalition?

If you are seeking co-investors for investments addressing the effects of COVID-19 and/or looking for new investments to place your capital to accelerate the response to the coronavirus crisis, this coalition particularly aims to accelerate those efforts. Please contact to learn how to get involved.

Who are the funders and Partner Networks involved in the R3 Coalition?

The R3 Coalition is being launched with broad collaboration across the global impact investor community and with financial support and guidance from leading foundations, including David and Lucile Packard Foundation, the DOEN Foundation, Ford Foundation, John D. and Catherine T. MacArthur Foundation, Open Society Foundations, The Rockefeller Foundation, and Sorenson Impact Foundation.

The activities of the coalition will be driven by a robust group of global Partner Networks with the GIIN serving as the organizing body. Initial Partner Networks include Aspen Network of Development Entrepreneurs (ANDE), AVPN, B Lab, Confluence Philanthropy, EDFI - Association of European Development Finance Institutions, European Venture Philanthropy Association (EVPA), India Impact Investors Council (IIC), Mission Investors Exchange (MIE), Synergos, Toniic, and U.S. Impact Investing Alliance. Each Partner Network will mobilize interested impact investors from their respective membership programs to join in the R3 Coalition’s efforts.

Additional impact investing networks with members that would find value in joining the R3 Coalition are welcome to participate in the R3 Coalition. Please contact to learn how to get involved as a Partner Network.

Contact information:

For questions about how to get involved in the R3 Coalition, please email

For media inquiries, please contact April Lee at

Connect with us on social media by using the hashtag #R3Coalition and follow @theGIIN

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