Organisation: The Government Outcomes Lab
Recent years have seen governments and private organisations alike pledge increased investment towards environmental goals.
This session explored the role of outcomes-based partnerships for enhancing the effectiveness of new climate spending, with a particular focus on how the pursuit of environmental goals can be aligned with social aims.
We examined:
At the same time, we turned our attention to environmental outcomes, focusing on the effectiveness of spending on the environment. Kieron Boyle (Impact Investing Institute) pondered the alignment of programs with the ideals of a 'just transition,' emphasising the importance of incorporating voice and economic development to empower individuals. Ben Stephens (Instiglio) highlighted the urgency of the climate crisis and the need for effective climate finance, discussing substantial commitments made by high-income countries and the World Bank. He also introduced the concept of "pull financing" as a tool to mitigate climate damage and drive technological responses. Maya Tira (Audencia Business School) shared an innovative approach of applying the impact bond model to address environmental challenges, drawing from her experience with environmental impact bonds (EIBs) in France Dr. Diane-Laure Arjaliès (Ivey Business School) shared the inspiring story of the Deshkan Ziibi Conservation Impact bond, emphasising the importance of community-led initiatives and improved relationships. Lastly, Sophie Emler discussed the WeCycle Partnership's efforts to address plastic waste in Nigeria through community-based initiatives. These diverse perspectives collectively demonstrated the potential for innovative financing to drive positive environmental outcomes.