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Who We Are
AboutOur TeamOur BoardFinancials and ReportsContact Us
What We Do
Product & ServicesOur Impact
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Calvert Impact Logo

Who We Are

AboutOur TeamOur BoardFinancials and ReportsContact Us

What We Do

Product & ServicesOur Impact

News & Resources

We invest in efforts to conserve the planet’s natural resources to address climate change and its adverse effects on communities

Site Visit: Forest Resilience Bond
Site Visit: Forest Resilience Bond Climate, Landmark Transactions, Borrower Spotlight, Impact Management
Success Story: DC Water
Success Story: DC Water Impact Management, Climate, Landmark Transactions, Borrower Spotlight

Reports Our 2025 Community Investment Note® Impact Report, “Resilient Communities, Lasting Impact”

Our 2025 Community Investment Note® Impact Report, “Resilient Communities, Lasting Impact”

The 2025 Community Investment Note® impact report, “Resilient Communities, Lasting Impact”, explores how resilience is essential to building a more inclusive and sustainable financial system.

11/03/2025

Reports Q2 2025 Report

Q2 2025 Report

Download the Q2 2025 Community Investment Note® Report.

08/15/2025 | By Justin Conway

Reports Q1 2025 Report

Q1 2025 Report

Download the Q1 2025 Community Investment Note® Report.

05/15/2025 | By Justin Conway

Success Stories Success Story: Forest Resilience Bond

Success Story: Forest Resilience Bond

The Yuba I FRB protected 15,000 acres of forestland, helped restore 2,675 acres of ecosystems and 27,601 acre-feet of source water supply, sustained 72 jobs, and returned all investor capital.

04/01/2025 | By Annette Vogel

Blog Investor Survey Results

Investor Survey Results

This survey is a part of our ongoing mission to better serve our investors by ensuring we understand their needs and interests.

03/06/2025

Reports Q4 2024 Report

Q4 2024 Report

Download the Q4 2024 Community Investment Note® Report.

02/14/2025 | By Justin Conway

Blog 2024 Year in Review

2024 Year in Review

A look back at Calvert Impact's work in 2024.

12/20/2024 | By Jennifer Pryce

Reports Q3 2024 Report

Q3 2024 Report

Our Q3 2024 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

11/15/2024 | By Justin Conway

Reports Our 2024 Community Investment Note® Impact Report, "Taking Action for Communities & Climate"

Our 2024 Community Investment Note® Impact Report, "Taking Action for Communities & Climate"

Calvert Impact's 2024 impact report, including new impact data, stories, and photos from their Community Investment Note portfolio.

10/23/2024

Reports Q2 2024 Report

Q2 2024 Report

Our Q2 2024 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

08/15/2024 | By Justin Conway

Reports Q1 2024 Report

Q1 2024 Report

Our Q1 2024 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

05/15/2024 | By Justin Conway

Reports Q4 2023 Report

Q4 2023 Report

Our Q4 2023 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

02/15/2024 | By Justin Conway

Blog 2023 Year in Review

2023 Year in Review

After sharing our 2023-2025 Strategic Plan in January, Calvert Impact executed on its strategy to bring new products to market to increase connectivity between the capital markets and communities.

12/21/2023 | By Jennifer Pryce

Reports Q3 2023 Report

Q3 2023 Report

Our Q3 2023 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

11/15/2023 | By Justin Conway

In the News Calvert Impact releases 2023 Impact Report: 'Demonstrate, Educate, Transform'

Calvert Impact releases 2023 Impact Report: 'Demonstrate, Educate, Transform'

Report shows cumulative impact of Community Investment Note® and new products

11/07/2023

Reports Our 2023 Impact Report, "Demonstrate, Educate, Transform"

Our 2023 Impact Report, "Demonstrate, Educate, Transform"

Our 2023 Impact Report features the impact we and our portfolio partners have had on markets, the environment, and communities around the world throughout 2022 and 2023.

11/06/2023 | By Caitlin Rosser

In the News Calvert Impact closes initial offering of Cut Carbon Note

Calvert Impact closes initial offering of Cut Carbon Note

The green bond drives decarbonization of buildings and expands the number of investors contributing to the clean energy transition.

10/18/2023

In the News Climate United Submits Bid to Manage Part of EPA’s $14 billion National Clean Investment Fund

Climate United Submits Bid to Manage Part of EPA’s $14 billion National Clean Investment Fund

Climate United today announced the submission of its proposal to the U.S. Environmental Protection Agency’s National Clean Investment Fund award competition, part of the Greenhouse Gas Reduction Fund.

10/12/2023

Success Stories Success Story: Eureka Recycling

Success Story: Eureka Recycling

In 2016, Calvert Impact provided financing to Eureka Recycling, a zero-waste nonprofit based in Minneapolis, Minnesota dedicated to demonstrating that waste is preventable – not inevitable.

09/20/2023 | By Caitlin Rosser

Reports Q2 2023 Report

Q2 2023 Report

Our Q2 2023 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

08/15/2023 | By Justin Conway

Reports Q1 2023 Report

Q1 2023 Report

Our Q1 2023 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

05/15/2023 | By Justin Conway

Reports Q4 2022 Report

Q4 2022 Report

Our Q4 2022 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

02/15/2023 | By Justin Conway

Blog Borrower Spotlight: Sustainable Companies Supported by eco.business Fund

Borrower Spotlight: Sustainable Companies Supported by eco.business Fund

The eco.business Fund supports biodiversity conservation, sustainable use of natural resources, and climate change mitigation and adaptation in Latin America, the Caribbean, and sub-Saharan Africa.

01/11/2023 | By Annette Vogel

Reports Community Investment Note Q3 2022 Report

Community Investment Note Q3 2022 Report

Our Q3 2022 quarterly report, featuring quarterly updates on our Community Investment Note portfolio and borrowers, as well as highlights from our work throughout the quarter.

11/15/2022 | By Justin Conway

Reports Our 2022 Impact Report, "Responding to the Need for Transformative Change"

Our 2022 Impact Report, "Responding to the Need for Transformative Change"

Our 2022 Impact Report features the impact we and our portfolio partners have had on markets, the environment, and communities around the world throughout 2021 and 2022.

11/03/2022 | By Caitlin Rosser

Blog  What does Community-Based Solar Look Like?

What does Community-Based Solar Look Like?

How does the clean power, financial savings, and job creation provided by solar energy benefit our under-served communities? Impact Analyst Annette Vogel visits our partner Sunwealth to find out.

10/25/2022 | By Annette Vogel

Blog Site Visit: Forest Resilience Bond

Site Visit: Forest Resilience Bond

Investment Analyst Helen Zhang visits Yuba and Sierra Counties in California and meets with the team behind the project in the heart of the forest where our capital is hard at work.

09/30/2022 | By Helen Zhang

Reports Q2 2022 Report

Q2 2022 Report

Our Q2 2022 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

08/12/2022 | By Justin Conway

Blog US SIF FORUM 2022: Engaging with industry partners on the evolving impact investing landscape

US SIF FORUM 2022: Engaging with industry partners on the evolving impact investing landscape

The USSIF conference featured impact investors like Calvert Impact Capital as well as asset managers, institutional asset owners, data providers, financial advisors, and other practitioners.

06/22/2022 | By Anna Mabrey

Reports Q1 2022 Report

Q1 2022 Report

Our Q1 2022 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

05/13/2022 | By Justin Conway

Success Stories Success Story: DC Water

Success Story: DC Water

In September 2016, the District of Columbia’s water municipality – DC Water – issued the nation’s first Environmental Impact Bond (EIB).

04/22/2022 | By Caitlin Rosser

Blog Borrower Spotlight: PACE Equity funds greener commercial buildings in the US

Borrower Spotlight: PACE Equity funds greener commercial buildings in the US

Our borrower, PACE Equity, is the market leader in C-PACE financing, a program designed to encourage developers to make their buildings greener by providing a source of inexpensive private capital.

04/11/2022 | By Lucas Pappas

Videos 2021 Impact Report Webinar

2021 Impact Report Webinar

Calvert Impact Capital's Investor Relations and Impact Management staff hosted a webinar to review highlights from our 2021 Impact Report

03/03/2022 | By Caitlin Rosser

Reports Q4 2021 Report

Q4 2021 Report

Our Q4 2021 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

02/15/2022 | By Justin Conway

Blog Capital Can Create Meaningful Change: Our summer internship experience

Capital Can Create Meaningful Change: Our summer internship experience

As their internships end, our summer interns discuss their work at Calvert Impact Capital and their impressions of the broader impact investing industry through the lens of their main projects.

11/30/2021 | By Mary Hayford & Angelie Miranda

Reports Our 2021 Impact Report, "Making Markets Work for People and Planet"

Our 2021 Impact Report, "Making Markets Work for People and Planet"

Our 2021 Impact Report features the impact we and our borrowers have had on the environment and communities around the world throughout 2020 and 2021.

11/18/2021 | By Caitlin Rosser

Reports Q3 2021 Report

Q3 2021 Report

Our Q3 2021 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

11/12/2021 | By Justin Conway

In the News As US cities build green infrastructure, here’s one way they’re paying for it (Quartz)

As US cities build green infrastructure, here’s one way they’re paying for it (Quartz)

In 2015, DC Water proposed using parks, plants, and permeable pavements strategically distributed to absorb some stormwater runoff and prevent overflow. This municipal bond funded the idea.

10/27/2021

Blog Borrower Spotlight: eco.business Fund and sustainable shrimp farming in Ecuador

Borrower Spotlight: eco.business Fund and sustainable shrimp farming in Ecuador

Our borrower, the eco.business Fund, is leading the way in helping Ecuadorian shrimp producers implement practices that protect the environment

09/07/2021 | By Christian Choconta

In the News

‘Green Infrastructure’ for Clean Water Shows Its Worth in Washington, D.C. (Next City)

Rain gardens and other green infrastructure in D.C. have helped keep the city's rivers clean.

09/02/2021

Reports Q2 2021 Report

Q2 2021 Report

Our Q2 2021 quarterly report, featuring quarterly updates on our portfolio and borrowers, as well as highlights from our work throughout the quarter.

08/13/2021 | By Justin Conway

In the News Funding through Environmental Impact Bonds: Video (Storm Water Solutions)

Funding through Environmental Impact Bonds: Video (Storm Water Solutions)

Katie Johns, Jenn Pryce, and Eric Letsinger discuss the environmental impact bond that DC Water used to fund green infrastructure and a green jobs program.

07/12/2021

Videos Forest Resilience Bond Webinar

Forest Resilience Bond Webinar

EPA hosted two webinars on April 29, 2021 and May 6, 2021 to discuss the recently published technical report on the first Forest Resilience Bond

06/14/2021

Blog Borrower Spotlight: Azure Source Capital

Borrower Spotlight: Azure Source Capital

Azure Source Capital (ASC) mobilizes capital and technical expertise to upgrade and expand water services for under-served urban and peri-urban communities of El Salvador.

05/04/2021 | By Leigh Pomerantz

Success Stories Success Story: MyStrongHome

Success Story: MyStrongHome

In December 2016, Calvert Impact Capital made a loan to MyStrongHome, an innovative new social enterprise working to fortify coastal communities against climate change impacts.

04/06/2021 | By Caitlin Rosser

Blog 2020 in Review

2020 in Review

The global pandemic, resulting economic shocks, stark displays of systemic racism and injustice, and near-daily evidence of rapidly changing climate made it clear our current systems are failing us

12/18/2020 | By Leigh Moran

In the News How investors are coming up with the green to save the ocean blue (The Washington Post)

How investors are coming up with the green to save the ocean blue (The Washington Post)

Environmental threats to oceans around the world are prompting new approaches and deals to raise money for rescue efforts.

10/28/2020

Blog Calvert Impact Capital expands relationship with eco.business Fund to increase financing for biodiversity conservation

Calvert Impact Capital expands relationship with eco.business Fund to increase financing for biodiversity conservation

Calvert Impact Capital is excited to announce a further commitment to the eco.business Fund

10/26/2020

Reports 2020 Impact Report

2020 Impact Report

Our 2020 Impact Report commemorates our 25th anniversary and features the impact we and our borrowers have had on the environment and communities around the world throughout 2019 and 2020.

10/01/2020 | By Caitlin Rosser

Reports 2020 Investor Survey Results

2020 Investor Survey Results

Every two years, we conduct an investor survey to better understand the motivations of our investor base, the challenges they face in investing for impact, and how we can serve them better

09/15/2020 | By Caitlin Rosser

Blog Why do our investors invest for impact? Takeaways from our 2020 Impact Investor Survey

Why do our investors invest for impact? Takeaways from our 2020 Impact Investor Survey

Every two years, we conduct an investor survey to better understand the motivations of our investor base, the challenges they face in investing for impact, and how we can serve them better

09/15/2020 | By Caitlin Rosser

Blog The Forest Resilience Bond: An Innovative Financial Tool Used to Fight Fires in California

The Forest Resilience Bond: An Innovative Financial Tool Used to Fight Fires in California

In the face of climate change, catastrophic wildfires increasingly blaze across the country, threatening forests, communities, and livelihoods

09/02/2020 | By Leigh Pomerantz

Blog Portfolio Partners' Statements on Racial Justice and Equity

Portfolio Partners' Statements on Racial Justice and Equity

Since the death of George Floyd at the hands of the Minneapolis police, many organizations and individuals across the globe have raised their voices

06/17/2020 | By Leigh Pomerantz

Videos Interview with Jennifer Pryce - GLF Luxembourg 2019

Interview with Jennifer Pryce - GLF Luxembourg 2019

Interview with Jennifer Pryce - GLF Luxembourg 2019

02/06/2020

Blog 2019 in Review

2019 in Review

2019 was another exciting and productive year for Calvert Impact Capital

01/08/2020 | By Leigh Moran

Videos There’s a new way for investors to turn a profit while helping California prevent fires

There’s a new way for investors to turn a profit while helping California prevent fires

Rising Risks — Forest resilience bond

10/31/2019

Reports 2019 Impact Report

2019 Impact Report

In our 2019 Impact Report, we provide even more data on our investor, portfolio, and community impact through updated data, graphics, and case studies.

10/01/2019 | By Caitlin Rosser

Blog Forest Resilience Bond: a new mechanism for fighting fire with finance

Forest Resilience Bond: a new mechanism for fighting fire with finance

In this short video I'll cover Calvert Impact Capital's recent investment in the Forest Resilience Bond, which aims to reduce the risk of severe wildfires in the Tahoe National Forest

11/30/2018 | By Jacqueline Westley

Videos Fighting fire with finance: Calvert Impact Capital's investment in the Forest Resilience Bond

Fighting fire with finance: Calvert Impact Capital's investment in the Forest Resilience Bond

Calvert Impact Capital Sr. Investment Officer Jacqueline Westley discusses our investment in the Forest Resilience Bond, which aims to reduce the risk of severe wildfires in the Tahoe National Forest.

11/29/2018

2018 Impact Report

2018 Impact Report

Our 2018 Impact Report, featuring impact data across our investor, portfolio, and community impact.

10/01/2018

Blog 5 Things to know about our Impact Investors: 2018 Edition

5 Things to know about our Impact Investors: 2018 Edition

Every two years, we conduct an investor survey that is focused on understanding the motivations and challenges of our investor base and how we can serve them better

08/30/2018 | By Caitlin Rosser

Blog Our biggest stories from 2017

Our biggest stories from 2017

2017 was busy. A lot happened around here. If you haven't kept an eye on our monthly email updates, here's what you need to know.

12/27/2017 | By Andrew Parrucci

Blog Promoting Sustainable Business Practices

Promoting Sustainable Business Practices

Earlier this year, we closed a $5 million investment in the eco.business Fund

11/16/2017

Blog Breaking Ground with DC Water

Breaking Ground with DC Water

We are thrilled to be invested in the first U.S. environmental impact bond (EIB), which was issued by DC Water, the District of Columbia’s water and sewer authority

11/14/2017

Blog Supporting Carbon Offset Efforts

Supporting Carbon Offset Efforts

Calvert Impact Capital has closed a new $1 million investment in Forest Carbon Partners, L.P.

11/06/2017 | By Catherine Godschalk

Blog Responding to Natural Disasters With Different Types of Capital

Responding to Natural Disasters With Different Types of Capital

I’m sure you too have been affected in some way by the recent hurricanes and earthquake that have brought destruction to Texas, Florida, the Caribbean, Mexico, and elsewhere throughout the region

09/18/2017

In the News Environmental impact bonds: Next big thing for green investments? (Environmental Defense Fund)

Environmental impact bonds: Next big thing for green investments? (Environmental Defense Fund)

DC Water pioneered the nation’s first EIB bond offering in 2016 when it sold a $25-million, tax-exempt EIB in a private placement to the Goldman Sachs Urban Investment Group and Calvert Foundation

07/14/2017

Blog In Support of the Paris Climate Agreement

In Support of the Paris Climate Agreement

This past weekend leaders of the G20 nations met at their annual summit where the topic of climate change and the Paris Climate Agreement was of high priority

07/11/2017

Blog Sustainable Mobility in South Africa

Sustainable Mobility in South Africa

We recently closed a new $5 million investment with SA Taxi, a credit provider that offers financial products and services for entrepreneurs in the minibus taxi business in South Africa

07/06/2017 | By Najada Kumbuli

Blog Innovation in Agriculture and Renewable Energy

Innovation in Agriculture and Renewable Energy

Calvert Foundation is excited to announce the recent closure of a $9 million investment that will finance the construction of an anaerobic biodigester facility in the western region of the U.S.

07/04/2017

Blog Capital Aggregation Mobilizes $8 Million Investment for MyStrongHome

Capital Aggregation Mobilizes $8 Million Investment for MyStrongHome

Yesterday we announced the closing of an $8 million investment in MyStrongHome

05/31/2017

Blog Recycling for People and Planet

Recycling for People and Planet

Calvert Foundation's commitment to impact extends beyond the social - we also seek to make loans that positively impact our environment

12/15/2016

Blog 5 things to know about our impact investors

5 things to know about our impact investors

Biannually we ask our investors for their thoughts on our customer service and how how we’re doing on our mission overall

08/23/2016 | By Andrew Parrucci

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Phone: 800-248-0337
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Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.

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