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Governments, communities and industries are grappling with issues such as climate change, inequality and social justice – and how to mobilise more funding to tackle these issues. One possible solution is impact investing.
Impact investments are designed to achieve a measurable social/environmental return and a financial return. Private investors and individuals, funds, businesses, philanthropists and governments can make investment decisions through this approach.
Submissions to the government’s discussion paper on social impact investing closed at the end of February. Treasurer Scott Morrison said this paper was a step towards implementing a recommendation of
