영국의 사회적 임팩트 채권

영국의 '사회적 임팩트 채권'이라는 것이 만들어 졌다. 시민 사회 NGO를 위한 일종의 사회적 펀드인데 이게 재미있는게 사회적 목표를 달성하게 되면 수익율도 만만치 않게 받게 되는 것이다. 예를 들면 수감자들의 재범을 막는 단체에 투자하는 금액인데 만약 재범율이 7.5%이상 내리게 되면 국가로 부터 최대 13%의 수익을 받게 된단다. 이런 채권이 제대로 발전하려면 많은 시간이 걸리지만 장기적으로 사회에 수백만 파운드의 이익을 남긴다고 한다. 

인사이트: 사회적 투자는 투자의 수익이 금전적인 형태 보다는 비 금전적(맑은 공기, 안전한 사회 등)으로 돌아온다. 게다가 이러한 이익은 투자하지 않은 사람을 제외 시킬수도 없다. 그래서 100억을 투자하면 사회 전체적으로 1000억원이라는 수익이 나지만 아무도 투자하지 않는다. 왜냐하면 1000억원은 내돈이 아니고 우리 모두의 돈이니까. 
그래서 이 부분에 정부나 큰 재단이 개입해야 한다고 생각한다. 위와 같이 재범율이 낮아지면 결국에 정부 지출이 감소할테니. 거기서 절약하는 돈의 일부는 투자자들의 투자수익으로 되돌려주고. 일석이조네... 시장은 정말 어떻게 디자인하는가가 중요하다는 것을 다시한번 깨닫는다. 우리나라도 마음이 따뜻하고 똑똑하신분이 이런거 만들면 좋겠다. We need a leader who has Cool head and Warm heart

http://www.socialenterpriselive.com/section/news/money/20100902/£11m-lottery-funding-social-impact-bond

원문기사

£11m lottery funding for Social Impact Bond

2 September 2010 

by 

Gemma Hampson

The Social Impact Bond will raise money for civil society organisations. Picture courtesy of the St Giles Trust, which is one organisation that will benefit from the bond and already working on reducing reoffending in Peterborough prison

'Developing the Social Impact Bond market will take years, but we believe that with care it can enable future investment of hundreds of millions of pounds a year in these crucial areas'

 

Toby Eccles, development director at Social Finance

The Big Lottery Fund is allocating £11.25m to develop Social Impact Bonds.

The funding goes to social investment organisation Social Finance, which launched the bond back in March at Peterborough prison. 

£6.25m of the lottery grant will support this pilot, which is being run in conjunction with the Ministry of Justice and which already has a number of foundations as investors.

The remaining £5m will be used by Social Finance to develop a further package of pilots to tackle social problems, raise awareness of Social Impact Bonds among policy makers and statutory agencies, and attract the interest of potential investors.

As well as a social return, a Social Impact Bond gives an economic return on investments. It aims to reduce the reliance on the public purse to fund innovation in areas such as reducing re-offending, health services and supporting children in care. Investors can expect their return to be higher than their investment if the scheme is a success.

In Peterborough, investors can expect up to a 13 per cent return, paid to them by the Treasury, if re-offending reduces by 7.5 per cent or more. Organisations that will benefit from the bond include the St Giles Trust, which works to reduce reoffending.

Toby Eccles, development director at Social Finance, said full development of the bond would take ‘years’ but could save millions in the long run.

‘We are delighted that the Big Lottery Fund has agreed to support our efforts to develop a market for the Social Impact Bond. The bond aligns the interests of government, charities, social enterprises and socially motivated investors around a common goal,’ he said.

‘Our work is driven by a desire to transform society’s ability to invest in addressing its most intractable problems. Developing the Social Impact Bond market will take years, but we believe that with care it can enable future investment of hundreds of millions of pounds a year in these crucial areas.’

The lottery hopes its funding will create ‘a tool for preventing social problems across the UK’.

Big Lottery Fund CEO Peter Wanless said: ‘The Big Lottery Fund’s aim is to be an intelligent and innovative funder and it is our aspiration to seek out new ways to bring improvements to communities.

'At a time of tight public finances, Social Impact Bonds represent a new and innovative way of attracting investment from outside the public sector and by funding Social Finance’s work we are hoping to pave the way for many more similar projects across the UK – this is a very exciting project for Big.

‘Prevention is better and cheaper than cure and there is a growing body of evidence that if preventative interventions are effective, we can all spend less money on services such as prisons, acute medical care and drug rehabilitation.’

Other investors in the Peterborough pilot include the Barrow Cadbury Charitable Trust, Friends Provident Foundation, The Henry Smith Charity, Johansson Family Foundation, LankellyChase Foundation, The Monument Trust, Panahpur Charitable Trust, Paul Hamlyn Foundation and the Tudor Trust.