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If you're rich and want to make a social impact, India's new Social Stock Exchange may be just the thing for you.
The exchange, which launched last week, allows investors to buy "zero coupon zero principle" bonds issued by non-profit social enterprises that generate social impact, Mashable reports.
According to the United Nations, India needs $1 trillion a year to hit the UN's Sustainable Development Goals by 2030, but there's a funding gap of more than $560 billion a year, the Social Stock Exchange explains.
To fill that gap, the exchange says, private sector and high-net-worth individuals in India will be able to invest in these social enterprises, "making it a crucial instrument for financing sustainable development in the country."
Interested? You can apply here.
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