The Bond Buyer: Why social bonds are key to driving more investment in education

March 16, 2021

A social bond may represent the next big tool in the impact investor playbook, with a record $154 billion in Social Bonds issued in 2020. Independent verification of the bona fide social benefits derived from the bond-financed activities, like Kestrel Verifiers’ opinion for the social bonds issued by Equitable School Revolving Fund, should alleviate concerns about impact-washing and assure impact investors that their capital is generating a positive social impact.

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