Early Intervention: Securing Good Outcomes for all Children and Young People, published last week, provides guidance for children's trusts on how best to deliver early intervention and boost provision in the future.
The paper includes a commitment for an expert group to be formed to explore the potential of social impact bonds to raise money to support early intervention.
Similar proposals were outlined in Action for Children's Backing the Future report last year, which suggested that government-issued bonds could raise the billions needed for a radical investment in early intervention that could eventually save £486bn over 20 years.
Politicians of all parties have previously been criticised for failing to commit to such investment. But Maureen Nuttall, strategic development manager at Action for Children, told CYP Now the paper represented a change of direction. "It's a big move - for the first time it has got past the discussion stage," she said. "They are saying they like the idea and recognise it might work. We hope it doesn't take long."
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
