Across the G8 countries, there is growing awareness of the potential of social impact investment. The G8 Social Impact Investment Forum, held in London on 6 June 2013, discussed how to move the social impact investment market towards global scale and sustainability.
This paper outlines some of the ideas and themes from the day’s discussions. It sets out the perspectives shared, the challenges identified and the actions agreed which will help build an international market.
Three important themes emerged from the day:
1. The need to build a global social impact investment community that is collaborative and open to new actors. This will be supported by a new Social Impact Investment Taskforce and a working group of development finance institutions focusing on social impact investment and international development.
2. The need to create common frameworks to understand the potential of the market and move towards standardisation in impact measurement. This will be supported by an OECD report on global developments in social impact investment and a working group of experts on impact measurement.
3. The need to develop and share best practice, both in governmental policy and more broadly amongst market actors. This will be supported through the Global Learning Exchange on social impact investment and the identification of a set of principles for policy makers in this market.