#187: New Collaborative Report To Guide, Grow Impact Investing Globally
December 11, 2014 - Read the full Forbes article and watch the interview here: http://onforb.es/1sdbyBD. Subscribe to this podcast on iTunes by clicking here: http://bit.ly/ymotwitunes or on Stitcher by clicking here: http://bit.ly/ymotwstitcher. A new report on impact investing from the Impact Investing Policy Collaborative (usually abbreviated IIPC) provides a varied look at the policies and practices that are guiding the rapidly developing industry. Tonusree Basu, Associate Director, InSight Pacific Community Ventures, who is one of the report authors, explained that “the Impact Investing Policy Collaborative (IIPC) is a global network focused on impact investing policy, founded 5 years ago, as a partnership between a Bay Area based non-profit and impact investor – Pacific Community Ventures – and the Initiative for Responsible Investment at Harvard University.” Rosemary Addis, Founder and Executive Chair of Impact Investing Australia, another of the report’s authors commented on the growth of impact investing, “Realizing the potential for a global market for impact investment is still a long term game, but it has taken a significant step forward.” Katie Grace, Program Manager of the Initiative for Responsible Investment at Harvard, another author, commented on the potential for governments to influence the growth of impact investing, “All investment markets are shaped by public policy and have social implications; impact investing markets, and policy, are often the most obviously intentional in identifying and promoting social outcomes.” Please consider whether a friend or colleague might benefit from this piece and, if so, share it.