This report explores the relationship between social finance and social determinants of health in order to understand the influence each has on the other to address health and socioeconomic outcomes. Drawing from published research, reports and interviews with key informants in the fields of social economy and public health, this report reviews key concepts of social finance and social determinants of health, presents evidence of the links between the two, and provides approaches on how to expand social finance to address social determinants of health in the Canadian context.
Who should read this report?
- Community-based organizations that wish to promote inclusive community economic development by providing income supports for low-income community members.
- Social change funders and investors moving to include social finance as an alternative to the traditional charitable model to address inequality and the social costs that arise from it.
- Government agencies looking for innovative, cross-sector approaches to improve the health and socioeconomic well-being of all Canadians.
Table of Contents
List of Figures and Tables
1.0 Executive Summary
4.0 Key Concepts
4.1 Social Finance
4.1.1 Social Finance Actors
4.1.2 Social Finance Instruments
4.1.3 Unique Business Challenges of Social Finance
4.2 Social Determinants of Health
5.0 Linkages between Social Finance and Social Determinants of Health
5.1 Existing Evidence on Connections between Social Finance and Social Determinants of Health
5.2 Social Enterprise, Developmental Lending, and Social Determinants of Health
5.2.1 Social Enterprise
5.2.2 Developmental Lending
5.2.3 The Potential of Social Enterprise and Developmental Lending to Address Social Determinants of Health
5.3 Social Impact Measurement in Social Finance
6.0 Approaches to Expand Social Finance to Address Social Determinants of Health
6.1 Approaches for Key Actors
6.1.1 Impact Investors
6.1.2 Social Finance Intermediaries (Lenders & Advisors)
6.1.3 Social Finance Investees
6.2 Improving Developmental Lending to Better Address Social Determinants of Health at the Community Level
6.2.1 Community Asset-Mapping Tool
6.2.2 Social Impact Measurement Framework
Appendix A Key Informants
Appendix B Key Informant Discussion Brief
Appendix C Key Informant Interview Questionnaire