This year, on International Day to Eradicate Poverty, I attended a film screening called Invisible Heart, a story of human beings being "changed" on the impact of people investing in social impact bonds.
If you have not seen or heard anything about it, you can view the trailer here: https://youtu.be/cqpbMAW484w
As a person who lives in poverty and struggles with mental health challenges, I am deeply concerned with this way of thinking of ending poverty in Canada, and in the world, quite frankly.
I was disgusted by how social impact bonds treat those children, parents, and people who live in poverty and in homelessness, thereby, continuing the cycle, of making the rich, richer, and making the poor, poorer, and not giving them a voice.
I urge you to make your own decision on it though, and then have a healthy discussion of why you think this can be impactful for society, and discuss with those who live in poverty, why think the way that they do.
I don't see this being a solution. But becoming a bigger problem, to society in general.