Let’s use ‘Social Performance-Linked Bonds’

A ‘social impact bond’ (SIB) refers to a performance-based reward program in which various stakeholders, including the government, private companies, and non-profit organizations, cooperate to solve expensive and difficult social problems. Bonds issued for the purpose of social change are also called ‘social innovation bonds’. Social performance-linked bonds are issued when a public project goal is achieved.

Reference-www.hani.co.kr

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