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INDIGO Social Impact Bonds And Pay For Outcomes Dataset Analysis (May 22nd 2025)

Data Source: GO Lab Last Updated: May 2025

This repository contains a curated, redacted, and standardized data set based on the Government Outcome Labs project at Oxford University (UK). It is the leading international data resource tracking the growth and execution of social impact bonds (SIBs), development impact bonds (DIBs), outcome funds, and other pay-for-success instruments worldwide.

Project Purpose

The data set supports research and AI-driven policy analysis on innovative development finance mechanisms that leverage private capital to address social and environmental challenges. It is designed to help policymakers, researchers, and practitioners understand the contours and evolution of these instruments, facilitating evidence-based decision-making.

Repository Structure

Directory Description
edited-data/ Contains the primary curated datasets
documentation/ Documentation files including changelog and sources
assistant-prompts/ AI assistant prompts for data enrichment
archive/ Archived data and previous versions
reference/ Reference materials and supporting documents

Key Data Files

File Description Path
Current & Historic Projects Main dataset of all deployed projects edited-data/pay-for-outcomes/deployed-and-historic/current-and-historic-projects.csv
Outcome Funds Dataset of outcome funds edited-data/pay-for-outcomes/deployed-and-historic/outcomefunds.csv
Pipeline Projects Dataset of projects in development edited-data/pay-for-outcomes/pipeline/pipeline.csv
Organizations Lookup Reference data for organizations edited-data/pay-for-outcomes/lookup-data/organisations-lookup.csv

Key Features of the Data Set

  • Source: Derived from the Government Outcome Labs' authoritative global impact bond data.
  • Redacted & Reformulated: Non-essential rows, especially those related to contracting nuances, have been removed to focus on policy-relevant information.
  • Supplementary Data: Added boolean columns to distinguish between historic and current bonds, and to clarify the type of instrument (SIB, DIB, etc.).
  • Standardization: Country names and currencies are standardized to ISO codes for consistency and interoperability.
  • Data Streamlining: Excludes interconnected Indigo project unique IDs and other elements not directly relevant to policy analysis.
  • Nomenclature Support: Boolean flags for SIBs, DIBs, and regional naming variants to facilitate comparative research across jurisdictions.
  • Currency Handling: USD conversions are excluded, enabling dynamic calculation as needed.
  • Character Set Correction: All known encoding and import issues have been rectified.
  • Project Name Labeling: Where project names previously concatenated original and translated values, these are now split into separate fields for clarity and improved labeling.

Source Data Set Information

Documentation

Document Description
Data Dictionary Descriptions of all data fields in the datasets
Changelog Record of changes made to the datasets
Data Sources Original data source information
Timestamps Dataset update timestamps

Intended Use

This data set is intended for:

  • Policymakers exploring the design and impact of pay-for-success instruments
  • Researchers in development finance and social innovation
  • AI tools for automated analysis and insight generation
  • Comparative studies of outcome-based funding mechanisms

Citation

If you use this data set, please cite the Government Outcome Labs, University of Oxford, and reference this repository.

About

Point-in-time analysis of impact bond data from INDIGO (Government Outcomes Lab, Oxford University)

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