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Toby Eccles:
Invest in social change

TEDGlobal 2013 · 10:03 · Filmed Jun 2013
Subtitles available in 25 languages
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Toby Eccles: Invest in social change
10:03 · Filmed June 2013 at TEDGlobal 2013 · Subtitles available in 25 languages

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.

Social investment visionary
Toby Eccles has created a radical financial instrument that helps private investors contribute to solving thorny public problems. Full bio
This talk was presented at an official TED conference, and was featured by our editors on the home page.

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