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Outcomes Fund Directory

Outcomes funds are becoming an increasingly prominent approach within the ecosystem of social outcomes contracting and impact bond development. Whilst outcomes funds gain popularity as a policy tool, a gap persists in documenting and describing their adoption worldwide. That's why the Government Outcomes Lab offers a Fund Directory with standardised variables about the characteristics of the fund and links to the associated projects. 

There is no standard or agreed definition as to what constitutes an 'outcomes fund'. Broadly, an outcomes fund is an approach that enables several outcomes-based contracts to be developed and supported in parallel. A common goal espoused by outcomes fund developers is to improve services that tackle complex social issues by growing the outcomes contracting market particularly by funding impact bonds and other payment-by-results mechanisms. In their broadest sense outcomes funds signal a commitment to pay for social outcomes, rather than inputs or activities.  

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Important Notice and Disclaimer on INDIGO Data

INDIGO data are shared for research and policy analysis purposes. INDIGO data can be used to support a range of insights, for example, to understand the social outcomes that projects aim to improve, the network of organisations across projects, trends, scales, timelines and summary information. The collaborative system by which we collect, process, and share data is designed to advance data-sharing norms, harmonise data definitions and improve data use. These data are NOT shared for auditing, investment, or legal purposes. Please independently verify any data that you might use in decision making. We provide no guarantees or assurances as to the quality of these data. Data may be inaccurate, incomplete, inconsistent, and/or not current for various reasons: INDIGO is a collaborative and iterative initiative that mostly relies on projects all over the world volunteering to share their data. We have a system for processing information and try to attribute data to named sources, but we do not audit, cross-check, or verify all information provided to us. It takes time and resources to share data, which may not have been included in a project’s budget. Many of the projects are ongoing and timely updates may not be available. Different people may have different interpretations of data items and definitions. Even when data are high quality, interpretation or generalisation to different contexts may not be possible and/or requires additional information and/or expertise. Help us improve our data quality: email us at indigo@bsg.ox.ac.uk if you have data on new projects, changes or performance updates on current projects, clarifications or corrections on our data, and/or confidentiality or sensitivity notices. Please also give input via the INDIGO Data Definitions Improvement Tool and INDIGO Feedback Questionnaire.