The finance world keeps evolving, driven by societal, economic, and steering group pressures. One notable change is from the Global Steering Group, established nearly a decade ago in 2015 as a result of the G8. This group, now rebranded as GSG Impact, is pushing to stay relevant in today’s landscape.
GSG Impact focuses on three key areas:
- Mobilizing private capital for public good
- Ensuring impact transparency and integrity
- Building impact economies
An intriguing aspect is their definition of impact economies: "A more inclusive, equitable, and environmentally responsible economic system." This concept is supported by five pillars:
- Government
- Demand
- Supply
- Intermediaries
- Ecosystem enablers
Instead of merely reading the news, we encourage you to delve into the report produced by the group titled "Transition to Impact Economies – A Global Overview."
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