The Global Steering Group for Impact Investment (GSG Impact) has picked Elizabeth Boggs Davidsen as its new CEO, due to join on 7 October from the Office of Development Policy at the US International Development Finance Corporation (DFC). Boggs Davidsen will further GSG Impact’s core objective of encouraging investment, business and government to take impact into account in spending decisions. Having started at the DFC in 2021 as a presidential appointee, Boggs Davidsen led a team of environmental, social, impact and technical assistance experts, responsible for safeguarding from risks related to the firm’s investments. She also ensured projects maximised positive development outcomes, and deployed technical assistance to develop and improve the DFC’s projects. Prior to that, Boggs Davidson directed the UN Development Programme’s SDG Impact Standards – focused on mobilising private sector finance mobilised to achieve the Sustainable Development Goals. “We urgently need more investment and innovation to flow in support of development and climate goals [and] to achieve impact … [this] needs to be a core factor in every investment decision,” said Nick Hurd, Chair of GSG Impact. “Elizabeth is a widely recognised impact leader with a strong track record of success … we are all very excited to work with [her] and move closer to achieving those goals.”
