Project

IDINDIGO-POJ-0287
Impact Bond Name - (Value)Reduction in Reoffending in South Auckland - New Zealand
Stage of Development - (Value)Complete
Stage of Development - (Source ID's)source2
Social Investment Prototype - (Value)NO
Dates - Date outcomes contract signed - (Value)2017-08
Dates - Start date of service provision - (Value)2017-09
Dates - Anticipated end date of service provision - (Value)2023-08
Dates - Actual end date of service provision - (Value)2023-10
Dates - Anticipated duration of service provision - (Value)72
Dates - Actual duration of service provision - (Value)74
Dates - (Source ID's)source1, source2
Overall project finance - Total investment commitment - Currency - (Value)NZD
Overall project finance - Total investment commitment - Amount - Exact - (Value)6000000
Overall project finance - Total investment commitment - Amount USD - Exact - (Value)4255319.14893617
Overall project finance - Maximum potential outcome payment - Currency - (Value)NZD
Overall project finance - Maximum potential outcome payment - Amount - (Value)24000000
Overall project finance - Maximum potential outcome payment - Amount USD - (Value)17021276.59574468
Purpose and classifications - Social challenge - (Value)Youth offenders - a social bond designed to reduce youth reoffending in South Auckland
Purpose and classifications - Intervention - (Value)Multi-disciplinary services to reduce reoffending amongst higher risk youth in South Auckland.
Purpose and classifications - Policy sector - (Value)Criminal justice
Purpose and classifications - Primary SDG goal - (Value)16
Purpose and classifications - Secondary SDG goals - (Value)4, 8
Purpose and classifications - (Source ID's)source1, source2
Service and beneficiaries - Target population - (Value)Offenders aged between 13 and 18 years old who have offended and have an elevated risk of reoffending as measured by the NZ Police YORST assessment
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)1000
Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service and beneficiaries - Unit description of targeted service user or beneficiaries - (Value)1000 clients, young people (generally between 14 and 17 years old) from South Auckland, to be enrolled in a new programme, with enrolment starting from 1 September 2017 and stopping on 31 August 2022
Service and beneficiaries - Actual number of unique service users or beneficiaries engaged (total) - (Value)607
Service and beneficiaries - Unit type of actual service users or beneficiaries engaged - (Value)Individual
Service and beneficiaries - Unit description of actual service user or beneficiaries engaged - (Value)607 young people (rangatahi) and their families (whānau) impacted directly by this contract
Service and beneficiaries - (Source ID's)source1, source2
Changes to project due to COVID-19 - (Value)Continue on outcomes contract without variations
Changes to project due to COVID-19 - (Source ID's)source2
Notes - (Value)607 clients had been enrolled, against a target, and cap, of 1000. Final levels of enrolment were impacted by covid lockdowns.
Delivery Locations 1: Service Provision ID - (Value)deliverylocation1
Delivery Locations 1: Location - Name - (Value)South Auckland, New Zealand
Delivery Locations 1: Location - Country - (Value)NZ
Delivery Locations 1: Lat/Lng - Lat - (Value)-36.84846
Delivery Locations 1: Lat/Lng - Lng - (Value)174.763332
Sources 1: Idsource1
Sources 1: Name - (Value)Email correspondece with G Fund Limited (New Zealand) on 23 Feb 2023.
Sources 1: Type - (Value)Email correspondence
Sources 2: Idsource2
Sources 2: Name - (Value)Final in-depth review of the New Zealand Social Impact Bond
Sources 2: Type - (Value)Report
Sources 2: URL - (Value)https://golab.bsg.ox.ac.uk/knowledge-bank/resource-library/reduction-in-youth-reoffending-in-south-auckland-social-impact-bond/
Sources 2: Accessed Date - (Value)2024-03
Service Provisions 1: Idserviceprovider1
Service Provisions 1: Organisation ID - (Value)INDIGO-ORG-1489
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-1490
Outcome Payment Commitments 1: Organisation Role Category - (Value)Government/Public Sector/Public Bank
Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value)NZD
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value)24000000
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value)17021276.59574468
Investments 1: Idinvestment1
Investments 1: Organisation ID - (Value)INDIGO-ORG-0155
Investments 2: Idinvestment2
Investments 2: Organisation ID - (Value)INDIGO-ORG-1491
Investments 3: Idinvestment3
Investments 3: Organisation ID - (Value)INDIGO-ORG-1492
Investments 4: Idinvestment4
Investments 4: Organisation ID - (Value)INDIGO-ORG-1493
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-1494
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)Reoffending frequency as compared to rates for a similar risk cohort in the 5 years prior to the social impact bond's establishment.
Outcome Metrics 1: Target Population - (Value)Offenders aged between 13 and 18 years old who have offended and have an elevated risk of reoffending as measured by the NZ Police YORST assessment
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)1000
Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value)Individual
Outcome Metrics 1: Policy sector - (Value)Criminal justice
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)Reoffending severity as compared to rates for a similar risk cohort in the 5 years prior to the social impact bond's establishment.
Outcome Metrics 2: Target Population - (Value)Offenders aged between 13 and 18 years old who have offended and have an elevated risk of reoffending as measured by the NZ Police YORST assessment
Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value)1000
Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value)Individual
Outcome Metrics 2: Policy sector - (Value)Criminal justice
Results 1: Outcome Metric Id - (Value)outcomemetric1
Results 1: Result level - (Value)Outcome level
Results 1: Result type - (Value)Final
Results 1: Period - Start - (Value)2017-09
Results 1: Period - End - (Value)2023-10
Results 1: Outcomes achieved - (Value)Overall, the cumulative number of offences by Bond clients was around 30% lower than the counterfactual group.
Results 1: Number engaged In impact bond - (Value)607
Results 1: Other Description of result - (Value)The risk of reoffending reduced in the first 12 months. Also, Youth crime rates were reducing nationally. Although this outcome was not expected initially, participants in the pro- gramme were associated with significantly fewer hospital events, lower use of prescrip- tions, and lower consumption of mental health services
Results 1: Evaluation Documents - (Value)source2
Results 2: Outcome Metric Id - (Value)outcomemetric2
Results 2: Result level - (Value)Outcome level
Results 2: Result type - (Value)Final
Results 2: Period - Start - (Value)2017-09
Results 2: Period - End - (Value)2023-10
Results 2: Outcomes achieved - (Value)A high value outcome is the reduction in life-course-offenders (LCPs), those who remain as offenders through their lives. There was a significant decrease in total YLS/CMI scores over the first 12 months post-enrolment, indicating a decrease in overall risk for clients enrolled in the Bond for at least 12 months
Results 2: Number engaged In impact bond - (Value)607
Results 2: Other Description of result - (Value)Significantly more social bond participants enrolled in tertiary educa- tion, enrolments were around 40% higher for this group. When compared to their paired individuals in the matched cohort, the social bond participants were significantly more likely to have a higher income overall, and a higher income from wages and salary.
Results 2: Evaluation Documents - (Value)source2
Documents 1: Title - (Value)Process Evaluation Report: Reducing Youth Offending Social Bond Pilot
Documents 1: URL - (Value)https://www.orangatamariki.govt.nz/assets/Uploads/About-us/Research/Latest-research/Reducing-youth-offending-social-bond-pilot/Social-bonds-process-evaluation_FINAL.pdf
Documents 2: Title - (Value)Quantitative Impact Evaluation: Reducing Youth Reoffending in South Auckland Social Bond pilot
Documents 2: URL - (Value)https://golab.bsg.ox.ac.uk/documents/Social-bonds-Quantitative-Impact-Evaluation.pdf

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