Impact dashboard
Belgium, in impact.
A snapshot of investing with positive impact in Belgium: how big the market is, where the capital flows, and the path to 30% by 2030. Drawn from IFB's own research.
€108–132B
invested with positive impact in Belgium
€101–123B
sustainable investing
€7–9B
impact investing
€765–935B
total Belgian assets under management
30%
target share with positive impact by 2030
Of Belgium's total assets under management, 14% (€108-132bn) is invested with positive impact: roughly 1% impact investing and 13% sustainable investing. Reaching critical mass, with most capital still to mobilise.
From 14% to 30%
IFB's ambition is to grow the share of Belgian AuM invested with positive impact from 14% today to 30% by 2030: impact investing tripling to around 3%, sustainable investing roughly doubling to around 27%.
What investors expect
Most market participants anticipate continued growth: 57% expect expansion, 29% stability, and only 9% a decline.
- 60% Expect expansion
- 31% Expect stability
- 9% Expect decline
10%
Impact investing
20%
Sustainable investing
27%
Global impact investing (GIIN)
The sectors most targeted by Belgian impact investors: agriculture leads, followed by technology and financial inclusion.
Venture and private-equity managers hold the largest share of Belgian impact capital, followed by banks and institutional managers and public financing bodies.
Sustainable investment stays largely within Europe, while impact capital reaches further: nearly half is directed worldwide, much of it to emerging markets.
Comparing the one measure consistent across both IFB studies, impact investing has held steady in the €6-9 billion range as definitions tightened.
Impact Finance Belgium has grown from 8 founding members in 2022 to 45 by the end of 2024, now representing a large share of the Belgian financial sector.
Sources
Every figure on this page is drawn from IFB's own published research and traces to a specific report. Ranges are kept as published.
