Document summary
Impact investments, intended to create positive social or environmental impact alongside financial return, channelling capital into impactful businesses, those poised to partner with government in social service delivery. Governments are increasingly turning to domestic impact investment as they balance the need for fiscal consolidation with the demand for investment in economies struggling for growth. In the past three years, governments in the UK, USA, Europe and Australia have made over US$5bn available for impact investment. In order to leverage their funding, governments are developing public-private partnerships to encourage private-sector investment and pursuing outcomes-based procurement with impact businesses in mind.