IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-031-99906-2_6.html

Social and Development Impact Bonds

In: The Palgrave Handbook of Social Finance

Author

Listed:
  • Jianglin Dennis Ding

    (Roger Williams University)

  • Eyoel Haile-Selassie Jochen Kassa-Darge

    (Independent Financial Consultant)

  • Andrew C. Spieler

    (Hofstra University)

Abstract

This chapter discusses social and development impact bonds. Impact bonds are innovative financing instruments designed to fund social and developmental programs using private capital instead of government funding. Two common impact bonds are social impact bonds (SIBs) and development impact bonds (DIBs). These bonds closely align with the United Nations Sustainable Development Goals by focusing on funding initiatives in social services, environmental projects, education, and poverty reduction. Notably, specific, measurable outcomes are tied to the bond’s payout. SIBs are becoming more popular as investors and municipalities seek alternative debt structuring. Impact bonds have been implemented in over 30 countries worldwide, reflecting their adaptability to diverse socio-economic demands. These bonds are common in the United States, the United Kingdom, and several other developed countries. Still, they are also gaining traction in developing economies. Impact bonds initially focused on education and social services but increasingly represent a broader range of sectors, including healthcare, environmental sustainability, and infrastructure development.

Suggested Citation

  • Jianglin Dennis Ding & Eyoel Haile-Selassie Jochen Kassa-Darge & Andrew C. Spieler, 2025. "Social and Development Impact Bonds," Springer Books, in: H. Kent Baker & Greg Filbeck & Halil Kiymaz (ed.), The Palgrave Handbook of Social Finance, chapter 0, pages 101-115, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-99906-2_6
    DOI: 10.1007/978-3-031-99906-2_6
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-031-99906-2_6. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.