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Social impact bond (SIB) feasibility study: the Berlin SIB improving the delivery of social services with enhanced outcomes for refugee employment
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Numerous immense social and environmental challenges remain unsolved and threaten the well-being and welfare of planet and humanity. In the wake of austerity, contractionary fiscal policies are the norm and public sector spending is scarce. In consequence, impact-driven organizations are chronically underfunded to adequately solve societal challenges. To resolve this issue Social Impact Bonds (SIBs) are an innovative financial mechanism to finance the delivery of social services. This work builds the evidence base for impact investing through SIBs. Therefore, this thesis investigates the SIB model’s feasibility for financing the delivery of innovative social services for refugee employment in Germany.
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Social impact bonds Migration Integration Employment