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Social Impact Investment

Building the Evidence Base

image of Social Impact Investment

Social impact investment can provide new ways to more efficiently and effectively allocate public and private capital to address social and economic challenges at the global, national and local levels. While these innovative market-based approaches will not replace the core role of the public sector or the need for philanthropy, they can provide a potentially powerful means for leveraging existing capital.



This report provides a framework for assessing the social impact investment market and focuses on the need to build the evidence base, in particular for impact assessment compared to existing social service delivery models. The report highlights the importance of further international collaboration in developing global standards on definitions, data collection, impact measurement and evaluation of policies as well as experience sharing between players in the market. International organisations can play an important role in facilitating these collaborations as well as conducting further analysis and data collection.

English

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Policy actions and implications

This chapter provides an overview of different types of policy actions to support the Social Impact Investment market taken to date. It reviews the challenges for policymakers planning to take actions to support this nascent field and makes recommendations focusing on the steps required to build the evidence base. These including developing common definitions, building the necessary data infrastructure and primary impact measurement as well as evaluation of broader social outcomes.

English

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