SIB News returns after a week’s summer hiatus with a bumper edition. Happy reading:
Lessons from a Development Impact Bond
Avnish Gungadurdoss – SSIR
A results-based financing program to improve educational access and achievement in India shows the importance of data-driven decision-making and adaptive leadership.
Australia’s First Social Benefit Bond Going Strong
Pro Bono Australia
Australia’s first social benefit bond Newpin has reported positive results for the third year in a row, restoring 130 children in care to their families and preventing 47 children from entering the system.
Richmond Community Foundation Celebrates First Successes
BUSINESS WIRE
Richmond Community Foundation (RCF), Mechanics Bank, civic leaders and neighbors will celebrate successes achieved by an innovative housing rehabilitation program funded by social impact bond (SIB) sales, with an unveiling of the now-completed first home acquired under the program.
Funding for Impact: How ‘Payment by Results’ Could Revolutionize Development Funding
Forbes
A pioneering new approach to funding social development projects has completed its first year – with promising results.