Report from Nick Hurd-led group of leaders says development finance institutions need to find more effective ways to mobilise private capital for impact in emerging economies if world is to meet SDGs.
The Global Steering Group for Impact Investment appoints former UK minister to role, although social investment pioneer Ronald Cohen has emphasised he isn’t ‘hanging up his boots’ just yet.
Influential global group warns ambitious climate and social targets will not be met without much more private capital, and sets out “actionable” recommendations to get there, in what chair Nick Hurd describes as a “radical” and ambitious report.
BSC says it wants to hit £15bn of social investment by 2025. Stephen Muers tells us why that means going beyond “small and fiddly” investments, why dormant assets cash may not be needed – and why recent criticism isn't a reason to change course.
Nick Hurd, Ronald Cohen and Elizabeth Corley are joined by Douglas L Peterson of S&P Global in new Impact Taskforce which aims to emulate “rocket booster” effect of UK’s last G7 presidency on impact investment worldwide.
