Accelerator Second Cohort

Description
Bridges Outcomes Partnerships aims to scale up the first Social Impact Bond (SIB) in Türkiye to train long-term unemployed youth, between 18 and 35 years old, in technical and soft skills in the ICT sector. This project will scale up an existing pilot in Istanbul to other regions, in partnership with the government.

Description
The British Asian Trust will develop an Impact Bond in partnership with the Punjab Skills Development Fund, engaging directly with the Government of Punjab and with local skills service providers to execute training and employment programmes. This project will deliver improved employment outcomes for 15,000 to 25,000 young people in Punjab, especially women, by enhancing their technical and employability skills.

Learn more about the project here.

Description
The City of eThewkwini will develop a Social Impact Bond (SIB), with the municipal and federal government to support skills training and individualized support to help achieve crucial outcomes for the population, such as higher employment rates, income, housing transitions, and prolonged self-reliance.

Description
In partnership with the Government of Kenya and the World Bank, Instiglio will develop an Outcomes-Based Finance instrument as a component of a recently approved World Bank project, targeting 10,000-15,000 youth beneficiaries, with 50% committed to being women beneficiaries.

Description
In collaboration with the public and private sectors in Nigeria, Instiglio is designing a pull finance mechanism to incentivize the adoption of green cement. This will encourage cement producers to adopt clinker-substituted products in their cement production practices, leading to reduced CO2 emissions.

Description
The international non-profit Rare will design the scale up an Impact Bond in Indonesia and the Philippines focused on small scale fisheries. This project will use outcomes-linked financing to protect critical marine ecosystems and habitats, while strengthening the small-scale fisheries sector and value chain, which provides food security and livelihoods for fishing communities.

Learn more about the project here.

Description
Société Générale will develop a fund to transform recycling in developing countries into a circular economy model. The approach will ensure a steady supply of plastic for waste pickers and build their technical capacity to meet quality standards for corporates through financing and guaranteed purchases. This project builds off an existing pilot in Nigeria with Unilever and WeCyclers.

Description
Varaha will develop an Impact Bond to incentivize approximately 4,000 rice-growing farmers to adopt direct seeding practices across 8,000 hectares of farmland in Haryana. This will regenerate the soil, leading to carbon sequestration, reduced emissions, improved soil quality and water savings.

Description
Village Enterprise has been working with an emerging social marketplace called the Common Good Marketplace on the issuance of Verified Impact Assets (VIAs). This project aims to market and sell social impact generated through the implementation of Village Enterprise graduation model in Kenya.

Learn more about the project here.

See publications: Ethical Corporation Magazine; Philanthropy Impact