HCS is officially a PRI Network Supporter ![]()
The global credit crisis caused by the ‘Great Recession’ has impaired banks' and investors' ability to provide the long-term capital required to finance important economic sectors, including manufacturing industries, affordable housing projects, commercial development and renewable energy arenas. Also missing in action is at-scale capital for our nation’s infrastructure, energy efficiency and efficient transportation needs.
Inconsistent and sometimes unwieldy public incentives have also rendered the supply of capital to finance wind and solar farms, green construction, mass transit industries and other key sectors unreliable. Nor are there enough make-it-here requirements, resulting in many companies taking production off-shore, even after receiving large public subsidies.
Large pension funds and institutional investors are searching for opportunities to invest in the clean economy as responsible investors. In order for a green jobs boom to take place in the real economy, our workers need to manufacture, construct, assemble and manage these projects on-shore, working in good domestic, union and family-sustaining jobs.
Heartland's Central Role
Responsible capital funds are addressing these challenges and opportunities. Dozens of innovative, successful investment fund managers across the U.S. and Canada are doing well by doing good. HCS is providing a portal to many of these managers, while amalgamating their vision, knowledge and energy in addressing long-term policy gaps and shortfalls.