The Social Investment Task Force (SITF) was established at the request of the UK Treasury in 2000 to assess ways in which the UK could improve its capacity to create wealth, economic growth, employment and improve its social fabric.According to its 10 year assessment, it is the Task Force’s view that there has been a sizable increase in the flow of investment to disadvantaged communities and that there are some encouraging developments in social investment, along with much greater interest from mainstream financial institutions, trusts and foundations. There has been a simultaneous shift in mindset and culture among voluntary sector organisations that have now become more entrepreneurial.However, according to the SITF, there remain challenge: most social investment funds are small and lack a developed track record; the market is still not defined well-enough and there is confusion over terminology; there are no accepted standards for measuring social impact against performance benchmarks; and the market still lacks the clarity of structure that is seen in the mainstream financial markets.The SITF says the next decade will offer a significant opportunity to develop a vibrant social investment sector through the establishing of a social investment bank to enable social purpose organisations to access the capital markets effectively; providing matched funding for a wider range of social investment funds; incentivising investment in social enterprise through the CITR; reducing barriers in the public procurement process for social enterprises to provide services to government; and establishing a definition of a social enterprise.Finally, it calls for the setting up of a well-capitalised Social Investment Bank; the development of Social Impact Bonds to provide funding for early intervention by social sector organisations addressing; and committing to a UK community Reinvestment Act to promote greater engagement by financial institutions with under-invested communities.Download the report here.