"This report dives into how impact investing is at an inflection point, building off the rich histories of community finance in the United States and other countries, microfinance, international development, and the integration of ESG factors (Environmental, Social and Governance) in institutional portfolios more broadly. For over 30 years, these practices have been laying the foundation for an expanded continuum of investor options for thematic and asset allocations into privately-owned investments structured for financial returns and social and environmental impacts."

"Impact Investing: A Framework for Policy Design and Analysis represents a framework for thinking about the role government policy can play in creating an enabling environment for impact investing. The report answers the question, "How can policymakers, investors, and civil society better develop and analyze impact investing policies?"

This report presents three tools in order to lay the groundwork for future research: a model for locating the role of government in impact investing markets; a set of criteria that offer a practical starting point for the design and evaluation of policy; and sixteen case studies that provide detailed insight into a range of policies around the world."