It’s proved successful in the United Kingdom, but could unclaimed assets in the United States also be used to make impact investments?
This was precisely a much-debated single-line addition to a recent report on impact investing recommendations, and one of the more interesting ones according to Tracy Palandjian, the CEO and co-founder of Social Finance US, who also chaired the U.S. National Advisory Board on impact investing.
Palandjian spoke to Devex at the launch of the report “Private Capital Public Good: How smart federal policy can galvanize impact investing — and why it’s urgent”, which outlines numerous suggestions on how the U.S. government can boost impact investing.
Click on the above clip to find out more about this interesting proposal and its roots in the U.K.
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