Interesting articles to start the week. Happy scrolling:
‘Social Impact Bonds Only Small Part Of Funding Jigsaw For Social Enterprises’
blue & green tomorrow
Responding to the government’s Spending Review and Autumn Statement, Social Enterprise’s UK chief executive, Peter Holbrook CBE, today said: “While £80m sounds like a lot of money, Social Impact Bonds are only a small part of the funding jigsaw for social enterprises – and the evidence of their value is a mixed bag. It’s not something that many social enterprises can get excited about.”
A Big Step Toward The First Social Impact Bond In The Developing World
Zachary Levey – Fomin
Over the last year, a new financial product called social impact bonds (SIBs) has garnered excitement throughout Latin America as a way for government to pay for social services in the event that a results is achieved through a partnership with impact investors. Around the globe, a growing number of OECD countries, such as the U.S. and U.K., have begun to develop social impact bonds to solve a variety of different social problems.
Multi-Million Dollar ‘Green Bonds’ Could Fund Qld’s Climate Change Strategy
Tony Moore- Brisbane Times
The international boom of “green bonds” and “social impact bonds” to fund environmental and social welfare projects will be part of Queensland’s emerging Climate Change Adaptive Strategy.
At Queensland’s University of Technology about 120 people including architects, developers, conservationists, economists, lawyers, biologists, planners and public servants debated aspects of Queensland’s embryonic climate change strategy.
The first draft of the emerging policy will be released in 2016.