New York, NY (PRWEB) June 27, 2013
On June 27, impact entrepreneur and investor, Philippe van den Bossche, comments on the Obama Administrations announcement of their National Influence Initiative at the UKs G8 Social Influence Investing Forum this month.

According to the White Homes press release on WhiteHouse.gov, the Obama Administration launched the National Effect Initiative (NII) to expand the use of influence investing as an element of the Administrations techniques for economic growth and global development.

Effect Investing is the practice of channeling capital toward organizations that intentionally generate financial return and public benefit. Such organizations openly track and measure social, environmental, and governance (ESG) considerations alongside their monetary returns.

In the course of his presidency, President Obama and his Administration have been functioning to help effect investing with series of policies and applications which includes: