EXCERPT FROM THE JSFB. SUBSCRIBERS CAN READ THE FULL ARTICLE IN THE APRIL 2014 EDITION.
Our national economy is in a world of hurt when it comes to its very foundation: the public infrastructure and buildings that enable and support economic activity. Bridges, highways, transit, energy, and environmental infrastructure as well as social infrastructure including healthcare, education and administration buildings are no longer sufficient to provide the competitive advantage we have been used to in regional and even global trade. For several years now, beginning with the 2008 recession, lawmakers have been hoping that the private sector including ESG, SRI and Impact investors would somehow step in to fill the investment gap. However there are several barriers to unleashing impact capital into infrastructure projects.