Social Impact Bond Development Grant

There is significant investor appetite for exciting impact investing instruments such as the Social Impact Bond (SIB). In Australia, for example, every SIB to date has been heavily oversubscribed.

At the same time, there is a shortfall in the pipeline of investment-ready SIBs in the Asia-Pacific. This is for three reasons.

 	
Designing a SIB is a 12-18 month process, and requires concerted engagement of multiple stakeholders from the government, non-profit and private sectors
 	
Governments generally do not have the capacity to fully fund the design phase of a SIB
 	
While private funders are keen to invest, each individual investor may not want to bear the entire upfront cost of designing a SIB