This paper explores the crucial concepts of financial and development additionality within blended finance operations. It clarifies various definitions of additionality and their relationship with evaluation terms such as impact and causality. The authors argue that additionality should be assessed both ex ante and ex post, with its presence influenced by institutional structures and the interplay of public and private interests. The paper analyses different approaches to assessing additionality, providing valuable insights for evaluators and blended finance actors, and contributing to a deeper understanding of how these operations contribute to development outcomes.

This paper provides a comprehensive overview of approaches and methods for evaluating various blended finance instruments and mechanisms. It delves into the complexities of assessing financial and development additionality, impact, and results across different structures like equity, debt, guarantees, and impact bonds. The document aims to enhance a shared understanding among practitioners regarding methodological choices, opportunities, and challenges in evaluating blended finance interventions. It offers practical guidance to strengthen evaluation practices, ultimately supporting more effective deployment of blended finance to mobilise additional investment for achieving ambitious development goals like the 2030 Agenda and Paris Agreement.

This report examines the rise of social banking and social finance in Europe in response to the 2007-2010 financial crisis. It highlights how social banks experienced significant growth, doubling their assets and attracting customers seeking more responsible and ethical ways of handling money. The document explores the core principles of social banking, contrasting them with traditional banking practices, and reviews important social banks in Europe. It suggests that the success of social banking offers valuable lessons for the broader financial sector to prevent future crises by fostering a more community-oriented and less speculative approach to finance.

This Deloitte article defines social finance as an approach to managing investments that generate financial returns while achieving measurable positive social and environmental impact. It highlights various financing mechanisms, including Social Impact Bonds, and discusses their importance in market building and fostering impact. The piece emphasizes how social finance leverages private capital to address societal challenges, moving beyond traditional philanthropy.

This primer explores new sources of capital for fostering equitable communities through social finance. It outlines various investment approaches and their potential impact, aiming to guide stakeholders in identifying and leveraging capital for social good. The document serves as a foundational resource for understanding how different financing models can contribute to community development and social equity, emphasizing strategic investment.

This document from the United States Securities and Exchange Commission details the framework for the issuance of Social Impact Bonds (SIBs) by Social Finance, Inc. It outlines that SIBs will be issued in private placements to accredited investors, often through special purpose vehicles. The proceeds from these SIBs are then disbursed to service providers to fund programs for individuals in need, focusing on a structured approach to social financing through private capital.

This case study from the Design Council focuses on social finance in the UK, specifically examining how to design the experience for ventures seeking social investment. It explores the key drivers and the unique risks-return profile associated with social finance. The paper likely offers insights into creating more effective and accessible social finance mechanisms, considering the perspectives of social ventures and the specific challenges they face in securing funding within the UK context.

This case study, published in Corporate Knights, examines the growing popularity of social finance among investors. It explores why more investors are becoming interested in impact investments and the tools available to them. The article likely discusses the motivations behind this shift, the types of social finance instruments gaining traction, and the benefits for both investors and social causes. It highlights the increasing recognition of social finance as a viable and impactful investment strategy.