Authors: Eyal Apatov and Philip Spier (Oranga Tamariki Evidence Centre)
Location: Auckland, New Zealand
This report focusses on the only social impact bond successfully launched to date in New Zealand, the Reducing Youth Reoffending in South Auckland Social Bonds Pilot (SB pilot). The goal of this bond was to reduce the frequency and severity of youth reoffending in South Auckland. Capped at NZD$24m, the pilot was operated by Genesis Youth Trust (GYT), who were tasked to deliver an intervention that will improve the offending outcomes of up to 1,000 (mostly) South Auckland children and young people (rangatahi) who offended and had a medium to high risk of reoffending.
This quantitative impact evaluation utilises data up to June 2023 from Police and the Youth Justice National Minimum Dataset to quantify the impacts of the pilot on participants’ reoffending outcomes.