-
Building Efficient Social Sector Initiatives Through New Generation Impact Measurement
The social sector is going through a massive change never seen before. Thanks to the advocacy of innovative foundations, impact investments are now becoming mainstream, along with collective impact programs and other initiatives like social impact bonds and Pay for Success programs. As these trends spread, we are witnessing the rise of thousands of collective impact ecosystems accompanied by improved impact investment models. These ecosystems incorporate different catalysts to impact measurement, when what we really need is a unified strategy of metrics.
- Categories
- Impact Assessment, Technology
-
BlackRock to promote climate bonds in impact investment drive
World's largest asset manager signs up to Climate Bonds Initiative in bid to promote green bonds
- Categories
- Environment
-
NexThought Monday – Applying Wall Street Ideas to NGOs in Rural India: A closer look at the first education impact bond
Business and financial buzzwords that have long dominated boardrooms and global conference calls - like “make vs. buy” or “risk and return” – are entering the landscape of NGOs. The latest manifestation of this is a new type of bond for development programs that leverages investor and risk dynamics typically found in business deals. The very first of these “development impact bonds” in education launched in rural India last year.
- Categories
- Impact Assessment
-
Are Governments ‘Paying for Failure’ With Social Impact Bonds?
Three years ago, New York City launched an ambitious and unprecedented social policy experiment at its jail on Rikers Island. Thousands of teenage inmates began receiving group therapy aimed at improving their moral reasoning by addressing their beliefs and thought processes in a step-by-step treatment. The goal was to reduce the number of repeat offenses once the inmates were released. Academic studies using the method, known as moral reconation therapy, had reported success in reducing recidivism. Still, no one had ever scaled up these studies to accommodate anything like the 9,240 inmates the four-year Rikers Island program aimed to serve. This month, the program is coming to an abrupt end.
- Categories
- Environment, Impact Assessment
- Tags
- failure, impact bonds, public policy
-
Wall Street not giving up on U.S. social impact bonds
Wall Street firms like Deutsche Bank , Santander Bank and Bank of America are still interested in backing U.S. social impact bonds, despite the failure of the first such initiative.
- Categories
- Impact Assessment
-
Social Impact Bonds Are Coming to the Tropics
Recent developments indicate that Latin America may become a robust new frontier market for social impact bonds, with a rich set of multiple-player ecosystems.
- Categories
- Impact Assessment
-
Bill to Promote Social-Impact Bonds in U.S. Has Support in High Places
Republican Sen. Orrin Hatch of Utah and Democratic Sen. Michael Bennet of Colorado are trying again to advance legislation that would appropriate $300 million for state and local social-impact bonds over 10 years.
- Categories
- Finance, Impact Assessment
-
Social Impact Bonds Spread to New Zealand
The Ministry of Health is well down the track to pilot the country's first social impact bond, originally mooted 18 months ago, which would pay out on measurably improved social outcomes such as reductions in alcohol and drug use or recidivism.
- Categories
- Investing