The NSW government this week made a much-anticipated announcement regarding the development of two social impact bonds, or what the government here is calling social benefit bonds. The first story was in the Australian Financial Review, here.
ABC Radio National further discussed whether social impact bonds might one day be used to help finance environmental programs.
Ecotrust Australia is currently working on the design and development of an Indigenous Impact Bond, which we believe will have long-term positive benefits for Indigenous people and for country. We look forward to sharing more information about this groundbreaking work in the weeks and months to come.