‘New’ models of social finance

This Bulletin follows on from CLES Bulletin 85 – ‘Financing economic development in a cold climate’ – which focused on new ways of working and sources of finance for economic development.  It takes a look at some of the challenges and potential solutions which different places have used to deliver sources of finance for social benefit; and provides some of CLES’ thoughts and recommendations. We particularly look at social impact bonds and prudential borrowing.