Benjamin Le Pendeven and Vincenzo Buffa, as experts on Social Impact Bonds, have been mobilized by ADEME to help to create a Call for Projects of Social Impact Bonds about Circular Economy.
The French government decided early in 2020 to strongly stimulate the creation of Social Impact Bonds in France. Consequently, it was decided to launch Call for SIBs on different topics. ADEME launched a Call for SIB focused on Circular Economy, the world’s first example on such a “green” topic.
With at least 10M€ earmarked for the role of outcome-payer, ADEME aims to support between 3 and 5 innovative projects. Maybe more, in case of numerous promising projects.
Benjamin Le Pendeven and Vincenzo Buffa, as experts on SIBs, helped ADEME to create the Call for projects. They also work with ADEME and the French’s government experts to help potential project leaders to build their projects, and will be part of the selection’s process in Q1 2021.