PLY: Good Morning! I will suggest caution in complexifying tax codes to enable any form of investment. At least the G8 attention is welcome to improve the firmament but the peril is that the blob will merel make matters needlessly complex…
Governments Hold Key To Unlocking Billions For Social Good: G8 Report
Astrid Zweynert – Reuters
In its first report, the G8 Social Impact Investment Task Force calls on governments to make tax and regulatory reforms to catalyze the market in investments that generate social or environmental benefits alongside financial returns.
“This is not about increasing or reducing public expenditure, but helping government to benefit from innovation and private sector capital in order to achieve more impact with the money it has,” Ronald Cohen, the chair of the year-old task force, said in a statement.
Is Impact Investing Finally Going Mainstream?
Esha Chhabra – Forbes
It may be too early to argue that impact investing is a mainstream idea. However, it does seem to be getting a bit more love lately. Being featured in David Brooks’ wildly popular column in the New York Times is certainly a start.
Brooks defined impact investing as “probably the most promising of these tools.” That is, socio-capitalist tools, ranging from B corporations to social impact bonds. He goes on to say, that while it’s becoming more popular (and realistic), it’s not a one-shot solution but a good intermediary option.