Mila Lukic, CEO and founder of Bridges Outcomes Partnerships talks to Karolina Adamkiewicz about the motivations for launching a platform dedicated to outcomes-based financing and the evolution of the sector.
Pension funds remain the most active investors in the UK’s social impact sector, with a strong focus on social and affordable housing, according to a report by Better Society Capital.
The Education Outcomes Fund has launched the first of three programmes targeting early childhood education Africa, in partnership with the government of Rwanda and the LEGO Foundation as outcomes funders.
Serah Melaba, chief impact officer for Tiko, discusses tackling the triple threat of teen pregnancy, HIV and sexual and gender-based violence facing girls in sub-Saharan Africa, and how impact-linked financing is driving positive outcomes.
EIB has contributed $18m to the fund, a partnership between UBS Optimus Foundation and Bridges Outcomes Partnerships, which supports outcomes-based programmes in low- and middle-income countries.
Trading impact credits based on social outcomes is proving a success in some places and should be scaled up to offset constraints on social funding, a new report concludes.
The consortium, which includes global companies and philanthropic organisations, sees collaborative efforts as a way to close the financing gap for education globally.
