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Policy Brief

The Social Investment Fund in Thailand

27 July 2017

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The paper documents the development and achievements of the Social Investment Fund in Thailand. The Fund was launched in 1998 in response to the Asian Financial Crisis. The Thai economic crisis that began in 1997 had forced Thai society to reexamine its priorities, and even attempt to reshape some salient features of its society. The crisis had also put an additional burden on the social relationships that bind individuals in society, although the extremely rapid growth and the accompanying economic restructuring that took place in the decade before the crisis were no less responsible for their fraying. It is now increasingly realized that the existence of the state alone is inadequate to solve many of the free-rider problems that exist in society. What is also necessary is an actively functioning civil society to pressure the government to do its job well. Hence, it was hoped that the Thai social investment fund, by financing activities undertaken by community organizations, would lead to a revival of socially-conscious capital.

References

A. Environmental Stewardship
To protect the environment, we organize programmes like mangrove nursery and Reforestation, Coastal and River Clean-Up, Community Based Environmental Solid Waste Management, Environmental IEC Campaign and Eco-Academy

B. Food Security and Sustainable Livelihood
To ensure a sustainable livelihood for the community, eco-tourism include Buhatan River Cruise Visitor Center Buhatan River Mangrove Boardwalk are run by the community. Others include Organic Vegetable and Root crops Farming, Vegetable and Root crops Chips and by-products Processing and establishing a Zero waste store.

C. Empowered Communities
To empower the community, we provide product and Agri-Enterprise Development Training, Immersion and Learnings Exchange Program, Earth Warrior Training and Community Based Social Entrepreneurship Training

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We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

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