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European Skills, Competences, Qualifications and Occupations (ESCO)
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This concept is obsolete

social bonds

Concept overview

Description

A set of financial instruments that aim at raising capital for projects with positive social outcomes and that provide return on the investment upon the achievement of specific social policy goals. Social bonds are generally used to finance projects in areas such as affordable infrastructures, access to essential services, employment programmes, food security and sustainable food systems.

Alternative Labels

pay-for-success bonds

pay-for-success financing

social benefit bonds

social impact bonds