Social Impact Investing

New Zealand
Four submissions were short-listed as pilot cases as the result of work undertaken
under the leadership of the Ministry of Health in 2012/2013:
Reduction in youth offending areas of need
Reduction in adult reoffending
Management of chronic illness
Support for people with mental illness to secure and sustain employment.
Communities
UK
The chief secretary to the Treasury, Liam Byrne, announced that Social Impact Bond
trials could be expanded across government departments. “The Department for
Children, Schools and Families have pledged to explore the potential of SIBs to lever in
additional resources to support early intervention approaches with children and young
people,” he said in Parliament.“Communities and Local Government are also working
with Leeds City Council and NHS Leeds to enable them to use a SIB approach to
reduce health and social care costs among older people. Similarly Bradford
Metropolitan District Council are considering applying this model as part of their
involvement in the government’s Total Place programme.”
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