Why all the fuss?

COMMISSIONERS: Governments

and Donors

SERVICE PROVIDERS:

Impact-driven organisations

INVESTORS: Wealthy

individuals, foundations

and institutional investors

COMMISSIONERS: Governments

and Donors

SERVICE PROVIDERS:

Impact-driven organisations

INVESTORS: Wealthy

individuals, foundations

and institutional investors

What is a Social Impact Bond?

US: 7

Australia: 2

UK: 30Netherlands: 2

Belgium: 1Canada: 1Germany: 1

India: 1

Peru: 1

Nearly fifty impact bonds up and running

Portugal: 1

USA

Australia

UK

Uganda

South Africa

PakistanCanada

Colombia

Mozambique

Israel

Swaziland

Mexico

Germany Ireland

Luxembourg Belgium

South Korea

SwedenNorway

Finland

Estonia

Netherlands

Kenya

PNG

Ethiopia

Argentina

New Zealand

Palestine

Brazil

Hundreds in development worldwide

Source: Brookings (2015) The potential and limitations of impact bonds USD millions

UK

Netherlands, Belgium, Portugal

Australia

US

Average size of operational impact bonds is <$5m

Adoption

Housing & Homelessness

Health

Employment

Reoffending

Addiction

Policy Issue # in scoping# operational

6 2

9 3

1 13

10 10

1 2

0 2

Totals 6030

Education 0 1Youth 0 1

Disability 0 1

Family Therapy & Foster Care 3 25

Impact bonds are tackling a variety of social issues

Enable commissioners

to…

Enable impact-driven

organisations to…

Enable impact-driven

investors to….

Focus resources on outcomes

Invest in intervention and preventative services

Stimulate innovation

Have scope to innovate

Grow services

Catalyse entrepreneurial solutions

Link financial returns to social outcomes

Drive Better Outcomes

What is their real value?

COMMISSIONERSGovernments

and Donors

SERVICE PROVIDERS

Impact-driven organisations

INVESTORS: Wealthy

individuals, foundations

and institutional investors

Putting a value on outcomes

Improve impact measurement and management processes

Being ‘hands on’

‘Internally, it has given the team a sharp focus on delivering more

evidence-based provision […] We feel our more evidence-based approach

has helped in winning new contracts.’

‘We say we’re here to make a difference but we don’t know

whether we are or not. Government doesn’t know whether we are or not.

What’s changing in practice is a cultural shift within teams. ’

What will it take for impact bonds to flourish?

Bridges Ventures LLP38 Seymour StreetLondonW1H 7BP

T: +44 (0) 20 3780 8000 E: info@bridgesventures.com

www.bridgesventures.com

Bridges Ventures LLP is authorised and regulated by the Financial Conduct Authority

Dankjewel!

http://www.bridgesventures.com/impact-plus/

Q&A Emilie Goodall