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Launch of a Social Impact Bond to support Médecins du Monde jail diversion programme for homeless people in Marseille
We are delighted to announce the launch of the AiLSi social impact bond. Operated by Médecins du Monde, this project aims to offer homeless people suffering from severe mental illness and facing justice an alternative to imprisonment through housing and intensive care.
Structured by KOIS, this social impact bond is the largest in terms of amount ever launched in France. It is invested by the European Investment Fund (EIF), BNP Paribas, Groupe Caisse des Dépôts and INCO, with outcome funding from the French government.
In this interview at CSR Box, Kartik shares with us his professional journey and his insights on the impact investment landscape in India. Then, he tells us how business, government and the private sector can work together, fostering blended finance initiatives.
Our partner, Serena Guarnaschelli, was invited to exchange her views about the innovative finance industry with Sam McManus, Director of Uxolo Development and Impact Finance. She touches on key topics such as the role of public and blended finance for development purposes, the progress of climate finance and the role of the Sustainable Development Goals to align different actors.