LONDON – As part of the UK’s G7 2021 presidency, the UK government today unveiled plans for an independent Impact Taskforce (ITF) to come up with solutions for a sustainable and inclusive recovery from the COVID-19 crisis and promote impact-driven economies and societies in the long term.
The new initiative, under the secretariat of the Global Steering Group for Impact Investment (GSG) working with its UK member, the Impact Investing Institute, will focus on fostering and facilitating discussions and recommendations around impact transparency, integrity, and trust. The Taskforce will also investigate ways to create financial vehicles that can deliver investments for the benefit of people and the planet worldwide. In doing so, it will actively look to advance impact investment in low- and middle-income countries hit hard by the pandemic […]
Cliff Prior, Chief Executive of the Global Steering Group for Impact Investment (GSG), commented:
“We are delighted to have been asked by the UK government to lead the secretariat of the Impact Taskforce. Robust reporting standards and innovative investment structures are absolutely central to the development of the impact Investing market that benefits people and the planet. The creation of the Taskforce will put an impact ecosystem firmly on the G7 agenda as countries around the world seek solutions for fair and just recoveries from the COVID-19 crisis.”[…]