TY  - UNPD
A1  - Faia, Ester
T1  - Frontiers of sustainable finance in Europe: the social impact bond
T2  - SAFE policy letter series ; 24
N2  - Social impact bonds are a special type of bond whose purpose is to provide long term funds to projects with a social impact. Especially in the UK and in the US these bonds are increasingly being used to raise funds to finance government projects. Their return depends on the social improvements achieved. Especially in times of crisis, governments lack funds to prevent the social consequences of recessions. Faia argues that the European Union should develop an equivalent to the British Social Finance Ltd. to finance projects for social improvement.
T3  - SAFE policy letter - 24 
KW  - social impact bonds
KW  - risk premia
KW  - incentives for investment
Y1  - 2014
UR  - http://publikationen.ub.uni-frankfurt.de/frontdoor/index/index/docId/34098
UR  - https://nbn-resolving.org/urn:nbn:de:hebis:30:3-340989
EP  - 2
PB  - SAFE
CY  - Frankfurt am Main
ER  -