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How does a Social Impact Bond work?
Social Impact Bonds (SIBs) were developed as an answer to public financing deficits. Watch Georg von Schnurbein explain how a SIB is structured.
Social Impact Bonds were developed as an answer to public financing deficits.
The Social Impact Bond (SIB) is a specific type of the pay-for-success model. It combines private financing with public support for preventive social services. If it is set up in the right way, it ends up as a win-win situation for all parties involved. However, some pitfalls have to be paid attention to.
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