Pacific Community Ventures (PCV) is excited to announce the release of Meeting the Moment: U.S. Impact Investing Policy, Inequality and COVID-19 Recovery. This discussion paper examines how impact investing policy can be leveraged at the federal level to support the impact investing ecosystem in harnessing private capital to address inequality and catalyze COVID-19 recovery in the U.S.
With support from the Tipping Point Fund on Impact Investing (TPF), PCV’s research team conducted a detailed scan of current and proposed impact investing policies at the state, local, and federal levels in the U.S., as well as internationally that could be adapted to the federal level to address inequality and support COVID-19 recovery. The goal of the research was to propose policy ideas that would drive greater and more targeted investment toward the sectors and communities most adversely affected by the COVID-19 pandemic and that have experienced the decades-long effects of inequality in the U.S.
This paper is intended to stimulate dialogue and elicit feedback from the impact investing field, policymakers, and civil society that will support renewed discussions on public policy and impact investing.
Understanding the role of policy in impact investing and the opportunity to use it in this moment of crisis is critical to growing the market and ensuring impact investing delivers meaningful benefits for U.S. communities and can serve as a model for a more equitable recovery.