Against the backdrop of constrained public finances and the increased need of delivering welfare services, the idea of Social Impact Bonds (SIBs) was launched in the United Kingdom (UK) in 2010. SIBs are currently being developed in a number of countries, including developing ones in the form of Development Impact Bonds (DIBs), and in a number of areas, such as health and education, recidivism, employment and many others.
This expert seminar aims to get a better understanding of the features, limitations and preliminary findings from the use of SIBs, and to a lesser extent, of DIBs in developing countries from a multidimensional and multi-stakeholder perspective. The structure of SIBs will be discussed through the in-depth analysis of a case study while other examples, including how DIBs have been developed building on the features of SIBs, will be discussed during the day. The key question of such tools’ impact on the financing of the social sector will be addressed and debated. This seminar is organised by the OECD (Local Economic and Employment Development (OECD LEED) Programme of the Centre for Entrepreneurship, SMEs and Local Development (CFE) in collaboration with the Development Centre and its Global Network of Foundations Working for Development (netFWD) with the financial support of the European Commission (EC) in the framework of the “Tackling disadvantage at a time of limited resources” project.

The 1 day expert seminar will:
Assess the state of play of SIBs and DIBs in OECD Member-States and in developing countries
Explore in-depth the SIBs mechanism
Discuss whether these mechanisms will considerably change the financing of social sector
Lively discussions on each of these topics will be kicked off by presentations from experts, policymakers, and practitioners. Dynamic workshops in smaller groups will also take place during the seminar. Active participation is expected in order to foster mutually beneficial discussions.

Society Impact will be attending the event!