Social impact bonds and pay for success financing are generating a great deal of interest around the globe, and the US and Australia have been at the centre of much of it since the turn of the new year, as this post describes. In this short clip, Les Hems, Director of Research at the Centre for Social Impact in Australia, provides an overview of what's happening Down Under.
International
The 2012 World Economic Forum Annual Meeting kicked off today with a markedly sombre tone. Economic imbalances and rising inequality threaten to reverse the gains of globalization, according to the WEF report Global Risks 2012, released earlier this month, while the past year's global economic turmoil, spiraling debt crisis and social upheaval are surely weighing heavily on the minds and agendas of global leaders gathering in Davos.
The theme for this year's meeting is, appropriately, "The Great Transformation: Shaping New Models." There is a recognition that our current system for economic and global governance is broken, and systemic change is required.
The SocialFinance.ca weekly round up is back! SocialFinance.ca produces a round up featuring social finance related news, insights, job openings, and events. We source the content for these round ups from Twitter, an RSS reader, and directly from our community of social finance practitioners. Below is our round up for the weeks of January 16 and January 24.
We have previously explored the links between social finance and Islamic finance; here, we explore Islamic finance claims of social impact. Part 1, published last week, examined the model; here, Part 2 lists a few examples of Islamic finance being used to produce social benefits.

We have previously explored the links between social finance and Islamic finance; here, we explore Islamic finance claims of social impact. Part 1 examines the model; Part 2 lists a few examples of Islamic finance being used to produce social benefits. What is the scale of social benefits of Islamic finance? Can conventional social finance learn anything from its principles?


























