Though awareness of the impact economy has grown exponentially in recent years -- when, how and IF it becomes formalized, communicated, and measured largely depends on government action.
In this article written for SOCAP Global, I summarize the top takeaways from a conversation I had the privilege of moderating a few weeks ago with some of the world's leading impact experts.
What imperatives most stood out re. the role of government in reshaping capitalism to drive real change?a) Moving faster to harness innovation; b) Setting new accounting principles that measure risk, reward AND impact; and c) Lest we forget, "the role of governments is to be outspoken advocates for the public good" which is exactly what shifting to an impact economy is!