Organisation: The Government Outcomes Lab
This session explored innovative ways of working with outcomes-based contracts and impact investing. From the first impact bond lunched in 2010, many lessons have been learned and new tools developed to that builds and expand an outcomes mindset. In this session we delved into a number of growth paths for the outcomes mindset, from the creation of an outcomes marketplace, to developing microbonds, to creating repositories and capacity-building tools for a broader portfolio of approaches that may be more appropriate in different contexts.
This deep dive session explored innovative ways of working with outcomes-based contracts and impact investing. The discussion focused on scaling outcome-based contracting and impact investing through various approaches such as: leveraging marketplaces for trading outcomes, using microfinance to sustain impact bonds, and addressing challenges in pricing and impact measurement. Serena reminded us that, “it is not about standardising the price, but standardising the method”.