Our organization did release a position paper in 2014 against specifically social impact bonds, knowing that it's one type of pay-for-performance model that's used in social financing. We think there are some issues with it. We think there are also ways to mitigate those problems. There's not a blanket answer when it comes to this kind of funding, because every application it's used for will be so diverse—as diverse as the populations it's meant to serve.
On September 20th, 2018. See this statement in context.