The market has stopped rewarding impact narratives. Now it wants proof
1 Jul 2026
22:04
Impact investing is changing how it positions itself in the market.
In this column, Louis Carle, co-founder of Curiosity and former co-founder of French tech publication Maddyness, sits down with Timothée Poulain, partner at impact firm Ternel, to discuss the shift from purpose-driven narratives to measurable value creation.
In this column, Louis Carle, co-founder of Curiosity and former co-founder of French tech publication Maddyness, sits down with Timothée Poulain, partner at impact firm Ternel, to discuss the shift from purpose-driven narratives to measurable value creation.
A few years ago, impact investing felt unstoppable. Funds raised hundreds of millions for net zero, ESG, and systems change. Today, the landscape looks and sounds very different.
In this conversation, Louis Carle discusses the shift with Timothée Poulain, partner at impact VC Ternel, part of French private equity firm Capital Croissance.