Roundtable 1.2 Fit for purpose? Stretching and flexing the impact bond model: evidence and insights from across the world
Theme: Outcomes-based contracting
Roundtable 1.2 Fit for purpose? Stretching and flexing the impact bond model: evidence and insights from across the world
No two impact bonds are the same. As more organisations are embracing this funding model, we are seeing it used flexibility to address a wide array of social challenges in often very different social, economic and political systems. This has significant consequences for the way impact bonds are designed, implemented, and evaluated. What are the key features or ‘active ingredients’ of impact bonds that are being stretched as projects are being developed in new contexts?
This interactive roundtable discussion will take stock of the latest practice in the adoption of impact bond approaches across the globe, and explore with a diverse set of experienced practitioners, policymakers and scholars the ways in which this innovative funding tool is being adapted to respond to different country and policy contexts. How are policymakers and practitioners seeking to use the impact model in new geographies and policy areas? And what can we learn from these impact bond iterations about mechanisms of change and future sustainability, beyond the life of a particular project.
Watch the session recording here.
Dr Eleanor Carter
University of Oxford
Abha Thorat-Shah
The British Asian Trust
Dr Chih Hoong Sin
Independent
Chair
Presentations
Social impact bonds (SIBs) are often conceived of as a single commissioning model, but in reality they take many different shapes and sizes.
What different forms do they take, why, …
James Ronicle
Ecorys
Neil Stanworth
ATQ Consultants
We all talk about the details of Social Outcomes Contracts, but what if the concept is not just completely new to you, but to your whole country? Where do you …
Björn Vennema
Social Finance NL
Lisa Jansen
Social Finance NL
The speakers will present the genesis, the key challenges (and related strategic and operational solutions) and the solutions adopted to deliver a public-private initiative for financing a work inclusion project …
Filippo Addarii
PlusValue
Vincenzo Lo Cascio
Italian Ministry of Justice
In this discussion, representatives from the UNESCO Sport Section will share insights from their experience developing pilot projects designed to build international capacity and awareness of outcomes-based financial instruments. These …
Daniel Greenways
UNESCO
Our understanding of what SIBs ‘are for’ and what ‘good’ looks like is starting to change. However, this understanding still tends to be rooted in the contexts in which they …
Tim Bidey
Traverse
Nancy Fouad Merheb
Overview of the project and relationship to core conference themes
The NSW Ministry of Health, in collaboration with the Office of Social Impact Investment (OSII), is delivering two health-related social …
Samantha Reid
NSW Ministry of Health
Miranda Lee
NSW Treasury
The Village Enterprise Development Impact Bond was a pilot outcomes fund aiming to prove that it is possible to tie donor payments to poverty outcomes and that doing so can …
Celeste Brubaker
Village Enterprise
Research question and main issue addressed:
Critical elements in social impact bonds (SIBs) are often ‘stretched’ during their development, meaning that projects tend to resemble conventional approaches to commissioning and …
Mikkel Munksgaard Andersen
Copenhagen Business School
To date, 204 impact bonds have been launched in 31 countries. As the impact bond market matures and a growing number of contracts conclude, researchers are increasingly asking: What comes …
Hilary Olson
University of Southern California
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