# Invest in social change

- Institution: TED
- Department: TEDGlobal 2013
- Speaker: Toby Eccles
- Year: 2013
- Level: For everyone
- Language: English
- Subjects: Economics, Business and management
- Source: [TED](https://www.ted.com/talks/toby_eccles_invest_in_social_change)
- Licence: [CC BY-NC-ND 4.0](https://creativecommons.org/licenses/by-nc-nd/4.0/) (Non-commercial use only, and no changed versions.)
- Who can watch: Teens profiles and older (sources give no ratings; placed by Invisible Network from the source's own words)

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.

## Lectures

1. [Invest in social change](https://invisiblenetwork.ai/learn/ted/toby_eccles_invest_in_social_change/146b63070fda), 10 min (TED's player)