Government has a real opportunity to invest in innovation in the social sector. In tight fiscal times, all levels of government are seeking more innovative approaches to delivering better services and getting better outcomes. The field of social impact investing has emerged as a way to forge public-private partnerships in pursuit of shared social goals in areas like housing, clean energy, and—most recently—preventive social services. These new tools enable the resources of the private sector to partner with government to address some of our most pressing social problems.
These tools are relatively new, but hold enormous promise as governments seek to rethink the way they do business. Please join the Center for American Progress for a conversation about the burgeoning field of social impact investing.