New York Fed-commissioned report looks at current landscape of place-based impact investing and finds firms such as Google and PayPal ploughing tens of millions of dollars in impact funds targeting left-behind communities.
US Impact Investing Alliance, B Lab and 50 others hope proposed White House Initiative on Inclusive Economic Growth will nudge policy and coordinate approaches to health, Covid recovery, racial inequality and climate change.
The $1.9tn stimulus bill, like previous assistance packages, is good news for impact investors and social entrepreneurs. But what comes next will be crucial for them to help the new administration fulfill its pledge to build a fairer society.
As Joe Biden takes over as US president – and takes on a daunting to-do list – the US Impact Investing Alliance’s Fran Seegull shares three ways investors can play their part in building an equitable, resilient future.