Toby Eccles: Invest in social change

The video discusses social impact bonds as a new business model for social change, focusing on reducing re-offending rates among prisoners. It explains how these bonds work by involving socially motivated investors who fund services aimed at improving social outcomes. If successful, the government saves money and pays the investors a return. The video highlights the first social impact bond with Peterborough Prison and other initiatives, emphasizing the benefits of innovation, rigor, flexibility, and partnership in addressing social issues. The global interest in this model is also discussed.

How does the government benefit from social impact bonds?

What is the primary purpose of a social impact bond?

What challenges are associated with measuring outcomes in social impact bonds?

Describe the role of socially motivated investors in social impact bonds.

How does the social impact bond model address the issue of re-offending?

What was the first social impact bond signed in Britain, and what was its focus?

What are the expected returns for investors if the social impact bond achieves its goals?

In what ways do social impact bonds aim to improve outcomes for children in care?

What are the key components that make social impact bonds innovative?

How does the partnership between different sectors contribute to the success of social impact bonds?