New development finance was a key theme of this year's Tällberg Forum in Sweden. Interviewed at the event, WSFF advisor Ambassador John Simon offered insights into the emerging field of impact investment and its implications for the development of institutionalized social capital markets in Africa and elsewhere.
In similar fashion, WSFF chairperson Arthur Wood addressed how innovations in social finance are challenging the for profit / not for profit paradigm.
And Charlotte Petri Gornitzka - the Director General of the Swedish International Development Cooperation Agency - commented on having "actually heard something new ... there are models... from which we can be inspired" and makes references to the importance of new legal structures and the need for action (not just rhetoric) to
The ‘for profit’/’not for profit’ paradigm is failing to deliver, says Arthur Wood in the latest edition of Social Enterprise. But injecting some legal innovation into the embryonic social impact bond could trigger a significant growth spurt in the way capital and private sector solutions are driven towards solving social causes.
The full article is available on the Social Enterprise website: