Tobacco Control Social Impact Bond

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At a Glance

This proposal is for the world’s first social impact bond on tobacco control (T-SIB). The T-SIB is an innovative finance mechanism under development that aims to assist smallholder tobacco farmers in Zambia transition to more profitable and sustainable livelihoods which also better protect their health and well-being. Expected outcomes include 7,360 farmers transitioned away from tobacco growing; a 70 percent increase in household resources of small-holder farmers who transition; 17,000 hectares of protected forests; avoided sickness associated with handling tobacco leaves; and reduced child labour. We call on outcome payors and investors to engage in developing a model results-based instrument that will disrupt tobacco-growing traps for farmers and be replicable worldwide in generating desirable social, economic and environmental impact.

Read the full proposal here.