The G8 Task Force

untitled-1The British Government believes in the validity of the SIIs to the point that, in 2013, it promoted the establishment of the Social Impact Investment Task Force established by the G8 with the aim of promoting the development of social impact investments and harmonizing their growth in the G8 countries.
The Task Force is composed of national Advisory Boards (ADBs) and thematic Working Groups (WGs), which have interacted with the OECD to support the drafting of a specific Report on the subject.

In 2013 the British government promoted the Social Impact Investment Task Force established by the G8 – during the Social Impact Investment Forum held in Londa on 6 July of that year – with the aim of promoting the development of social impact investments and harmonize their growth in the G8 countries.
The Task Force had to have a role of coordination of specific second level operating structures identified in the national Adisory Boards (ADBs) and in the thematic Working Groups (WGs), which interacted with the OECD to support the drafting of a specific report on the subject .
In 2015, the SII Task Force left the baton to the GLOBAL SOCIAL IMPACT INVESTMENT STEERING GROUP (GSG) to further expand its range of action and boost the impact investing market on a global scale.
Italy has also joined the Task Force promoted by the British Government with its own Advisory Board.
Marginally, different foundations, not just banks, also deal with it, while Fondazione Etica has made it its mission since 2008, even before the Human Foundation, established in 2013.