Home / Series / TED Talks / Aired Order / Season 2013 / Episode 228

Toby Eccles: Invest in social change

Here's a stat worth knowing: In the UK, 63% of men who finish short-term prison sentences are back inside within a year for another crime. Helping them stay outside involves job training, classes, therapy. And it would pay off handsomely — but the government can't find the funds. Toby Eccles shares an imaginative idea for how to change that: the Social Impact Bond. It's an unusual bond that helps fund initiatives with a social goal through private money — with the government paying back the investors (with interest) if the initiatives work.

English
  • Originally Aired December 2, 2013
  • Runtime 15 minutes
  • Content Rating United States of America TV-PG
  • Network YouTube
  • Created April 8, 2015 by
    Administrator admin
  • Modified April 8, 2015 by
    Administrator admin