Denver Program and a Brookings Institute session lead today’s SIB News…
Denver Homeless Housing Group Opens New Apartments Near East Line Station
Jon Murray – Denver Post
Participants in new city social impact bond program will be among first residents of Colorado Coalition for the Homeless building.
The Enthralling Rise Of The Purpose-Driven Enterprise
Matthew Rock – CMI
Professional Manager spoke to Sir Ronald Cohen.
Upcoming Event – The Global Potential And Limitations Of Impact Bonds
Brookings
Impact bonds, also known as Pay for Success contracts in the United States, have leveraged over $200 million in upfront private capital for social services worldwide over the last six years, and by 2020 the market is expected to triple. Brookings experts have published two reports analyzing the market, the first of which is a comprehensive review of the global impact bond market and the second of which examines applications to Early Childhood Development programs.
On February 29, the Global Economy and Development program at Brookings will host a discussion on the scope for social and development impact bonds to address social challenges globally. Sessions will reflect on the types of challenges for which these new financing modalities are best suited, and the factors critical for their success. Sir Ronald Cohen, chairman of the Global Social Impact Investment Steering Group, will provide keynote remarks, followed by presentations from Emily Gustafsson-Wright, fellow at the Center for Universal Education at Brookings and lead author of both reports on impact bonds. The event will include two panel discussions and a networking lunch.
After each discussion, the panelists will take questions from the audience.