The issue of impact investing seems to be quite close to Clinton. It was after former President Bill Clinton’s annual Clinton Global Initiative meeting a few years ago in New York that the idea of impact investing was actually spawned by the Rockefeller Foundation and J.P. Morgan.
Since then, some of the world’s biggest institutions and wealthiest people have embarked on myriad impact investing programs around the world, putting billions of dollars to work in social enterprises that serve society in some positive way.
Impact investing seeks returns on capital invested in social enterprises whole mission is to solve social issues.
Speculation is that Secretary Clinton, who said she won’t serve a second term if President Barack Obama is re-elected, is setting impact investing as an area she’ll get more tactically involved with in the future, along with issues involving women’s rights.
This autumn, the State Department will host a summit on impact investing. “We will work with partners on critical issues including financial services, health, education, housing, climate change, water security, and food security,” the State Department says.