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Home Features Emma Tomkinson: how to show your workings on social investment
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Social impact investing is delivering real public good. But one architect argues we’re doing the projects a disservice by publishing and pursuing misinformation.
Does knowing the cost of government provision of services encourage innovation and investment? According to the G8 Social Impact Investment Taskforce report — Impact Investment: The Invisible Heart of Markets — it does:
“Greater transparency about the fiscal value of achieving specific social outcomes would help enormously, by showing social innovators where opportunities exist to do better. We would like to see other governments consider doing something similar to the UK’s, which recently posted on the Cabinet Office website its cost of addressing some 640 priority social issues.”
The report contains eight examples (p16-17):
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Emma Tomkinson is a social impact analyst who has worked on social impact bond policy for the New South Wales and United Kingdom governments. She is also a social impact bond investor and a member of the advisory committee for the Global Value Exchange, an open-source database of values, outcomes and indicators.
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