Project

IDINDIGO-POJ-0009
Impact Bond Name - (Value)YouthChoices Social Benefit Bond (Queensland)
Stage of Development - (Value)Implementation
Dates - Start date of service provision - (Value)2019-10
Dates - (Source ID's)source3
Overall project finance - Total investment commitment - Currency - (Value)AUD
Overall project finance - Total investment commitment - Amount - Exact - (Value)8200000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)5700903.489
Purpose and classifications - Intervention - (Value)The YouthChoices SBB aims to reduce youth reoffending rates for young people. The programme is delivered using the Multi-Systemic Therapy model developed in the USA by highly-trained clinicians who work intensively with the families and care givers at least two or three times a week (or more as needed) in their homes. Clinicians are available 24 hours a day, 7 days a week for the duration of the Program’s involvement with the family and aims to support parents to implement strategies to reduce offending by the child. Multi Systemic Therapy considers the whole ecology of the young person and works across the key environments, or ‘systems’, family, peers, school, neighbourhood, cultural support network, that are in a young person’s life. It uses the strengths of each system to facilitate positive behavioural change.
Purpose and classifications - Policy sector - (Value)Criminal justice
Purpose and classifications - (Source ID's)source5,source1
Service and beneficiaries - Target population - (Value)The YouthChoices program is for young people who are subject to youth justice supervision, and aged 10-14 at moderate to very high risk of recidivism or aged 15-16 at high to very high risk; and their families.
Service and beneficiaries - (Source ID's)source4
Delivery Locations 1: Location - Name - (Value)Brisbane, Australia
Delivery Locations 1: Location - Country - (Value)AU
Delivery Locations 1: Lat/Lng - Lat - (Value)-27.466156
Delivery Locations 1: Lat/Lng - Lng - (Value)153.100209
Sources 1: Idsource1
Sources 1: Name - (Value)Queensland Government YouthChoices Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youthchoices-social-benefit-bond/
Sources 2: Idsource2
Sources 2: Name - (Value)Inferred from Life Without Barriers YouthChoices MST QLD Program Launch, 2017 accessed on 27/07/2019 at https://www.lwb.org.au/news/youthchoices-mst-qld-program-launch/ and Queensland Government YouthChoices Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youthchoices-social-benefit-bond/
Sources 3: Idsource3
Sources 3: Name - (Value)Life Without Barriers YouthChoices MST QLD Program Launch, 2017 accessed on 27/07/2019 at https://www.lwb.org.au/news/youthchoices-mst-qld-program-launch/
Sources 4: Idsource4
Sources 4: Name - (Value)PeakCare YouthChoices Multi Systemic Therapy - the first Social Benefit Bond in youth offending, 2018 accessed on 27/07/2019 at http://peakcare.com.au/youthchoices-multi-systemic-therapy-first-social-benefit-bond-youth-offending/
Sources 5: Idsource5
Sources 5: Name - (Value)Queensland Government YouthChoices Social Benefit Bond, 2018 accessed on 27/07/2019 at https://www.treasury.qld.gov.au/programs-and-policies/social-benefit-bonds-pilot-program/youthchoices-social-benefit-bond/ and PeakCare YouthChoices Multi Systemic Therapy - the first Social Benefit Bond in youth offending, 2018 accessed on 27/07/2019 at http://peakcare.com.au/youthchoices-multi-systemic-therapy-first-social-benefit-bond-youth-offending/
Service Provisions 1: Idserviceprovision1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-0612
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-0614
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0615
Investments 1: Investment Commitment - Currency - (Value)AUD
Investments 1: Investment Commitment - Amount - Exact - (Value)8200000
Investments 1: Investment Commitment - Amount USD - Exact - (Value)5700903.489
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0613
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Reduced offending. Reduced incidences of young people being held on remand or in detention, and related costs (e.g., police and court expenses)
Outcome Metrics 1: Primary SDG goal - (Value)16
Outcome Metrics 1: Primary SDG target - (Value)16.1
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Reduced substance abuse.
Outcome Metrics 2: Primary SDG goal - (Value)3
Outcome Metrics 2: Primary SDG target - (Value)3.5
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)Improved school attendance and participation
Outcome Metrics 3: Primary SDG goal - (Value)4
Outcome Metrics 3: Primary SDG target - (Value)4.4
Outcome Metrics 3: Secondary SDG targets - (Value)4.6
Outcome Metrics 4: Idoutcomemetric4
Outcome Metrics 4: Outcome Definition - (Value)Enhanced parental skills
Outcome Metrics 4: Primary SDG goal - (Value)8
Outcome Metrics 4: Primary SDG target - (Value)8.3
Outcome Metrics 4: Secondary SDG targets - (Value)8.5

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