Recomendaciones para fortalecer el papel del gobierno en la promoción de un ecosistema de inversión de impacto en Colombia

Abstract

Private impact investment is an investment approach used by capital funds, investment banks, private financial institutions, development financial institutions (DFIs), private foundations, Benefit and Collective Interest (BIC) companies, pay for results organizations, social entrepreneurs, companies seeking social impact and impact accelerators, with the intention of contributing to the solution of specific social and/or environmental problems, while generating profitability and a measurable positive impact. The objective of this study is to identify the main actions that the government could undertake to include private impact investment in the public policy agenda from its possible roles in the ecosystem as a catalyst, regulator, or participant, in order to take advantage of the contribution that private resources can make to closing the development financing gap. The study shows that, although Colombia does not have a specific impact investment public policy, it does have a set of policies that have laid the foundations for the development of impact investment in the country. Therefore, policy initiatives are required for the articulation of governmental, private and non-governmental actors, and the impulse to expansive policies. The study also seeks to make recommendations so that the National Impact Investing Advisory Board of Colombia (NAB Colombia) can catalyze public policy by sharing best practices, participating in the design of policies and policy tools that promote impact investing and promoting public-private relations, among other aspects. This study is made up of a supporting document that presents in detail the findings and recommendations that gave rise to the proposed actions and a Policy Brief.