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This in-depth review of the West London Zone Collective Impact Bond is one of nine being produced as part of the CBO Fund Evaluation, commissioned by The National Lottery Community Fund, and undertaken by Ecorys UK and ATQ Consultants. Catie Erskine, Senior Research Manager at Ecorys, wrote the report.

The report is based on a review of documents provided by stakeholders and consultations with key stakeholders involved in the SIB (summarised below). The report will be updated in subsequent years to provide an account of the SIB’s progress.

Commissioning Better Outcomes (CBO) is a social impact bond (SIB) programme funded by The National Lottery Community Fund, which aims to support the development of more SIBs in England as part of The National Lottery Community Fund’s work to explore innovative ways of improving the pursuit of social outcomes.