Impact bond: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
(Create page. Sources - GO Lab - https://golab.bsg.ox.ac.uk/the-basics/social-impact-bonds/) |
(Add link.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 24: | Line 24: | ||
*[[Bank]] | *[[Bank]] | ||
*[[Bond]] | *[[Bond]] | ||
*[[Contract]] | |||
*[[Corporate]] | *[[Corporate]] | ||
*[[Development impact bond]] (DIB) | *[[Development impact bond]] (DIB) | ||
*[[Foundation]] | *[[Foundation]] | ||
*[[Government Outcomes Lab]] (GO Lab) | *[[Government Outcomes Lab]] (GO Lab) | ||
*[[Impact]] | |||
*[[NGO]] | *[[NGO]] | ||
*[[Nonprofit]] | *[[Nonprofit]] | ||
*[[Outcome-based | *[[Outcome bond]] | ||
*[[Outcome-based financing]] | |||
*[[Social Business Trust]] | *[[Social Business Trust]] | ||
*[[Social concerns]] | *[[Social concerns]] | ||
| Line 43: | Line 46: | ||
*[https://golab.bsg.ox.ac.uk/the-basics/social-impact-bonds/ Impact bonds - Government Outcomes Lab] | *[https://golab.bsg.ox.ac.uk/the-basics/social-impact-bonds/ Impact bonds - Government Outcomes Lab] | ||
*[https://www.gov.uk/social-impact-bonds Introduction to social outcomes partnerships (social impact bonds) - UK Government] | *[https://www.gov.uk/social-impact-bonds Introduction to social outcomes partnerships (social impact bonds) - UK Government] | ||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category:Long_term_funding]] | [[Category:Long_term_funding]] | ||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
Latest revision as of 08:29, 14 February 2024
Social concerns - financing.
(IB).
An impact bond is a method of financing welfare and other social services, with investment returns being linked with achieving specified social objectives.
Impact bonds are a contract between three parties:
- Outcome payers, or commissioners, who identify the social issues and pay if the contracted outcomes are achieved. Outcome payers are often government agencies or philanthropic donors.
- Service providers, who work to achieve the outcomes and are paid for achieved outcomes. Service providers can be private companies, NGOs or other nonprofit organisations.
- Investors, who provide upfront funding to finance the project, and are repaid based on the outcomes being achieved. Investors may be nonprofit foundations, corporates, banks or other private investors.
Impact bonds include social impact bonds (SIBs) and development impact bonds (DIBs).
(Source - Impact bonds - Government Outcomes Lab.)
See also
- Bank
- Bond
- Contract
- Corporate
- Development impact bond (DIB)
- Foundation
- Government Outcomes Lab (GO Lab)
- Impact
- NGO
- Nonprofit
- Outcome bond
- Outcome-based financing
- Social Business Trust
- Social concerns
- Social enterprise
- Social impact bond (SIB)
- Social inclusion bond
- Sustainability bond
- Welfare
