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Financial inclusion | BNP Paribas

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In order to mobilize finance in favor of positive actions for society, BNP Paribas has for several years supported the development of financial products indexed to social or environmental impact, such as the Impact Contract, a financial tool allowing the financing of social or environmental benefits through new kinds of public-private partnerships. Investors pre-finance Social and Solidarity Economy projects and are eventually reimbursed and remunerated by the State according to the achievement of impact results, assessed by an independent expert. In 2016, BNP Paribas structured the first French Social Impact Contract for ADIE, based on the model of Social Impact Bonds that already existed in other countries.

Five years later, Impact Contracts (IC) continue to develop and BNP Paribas has positioned itself as a leader in their set-up, support and financing: at the end of 2021, 12 projects had been launched in France, the United States, in Belgium and Ethiopia for a total structured amount of 39 million euros and an invested amount of 13.5 million euros. This original mechanism allows impact investors to support an innovative program, based on prevention, labeled by the State and led by a player in the social and solidarity economy on various societal themes: help for homeless people, professional reintegration, support for young people and families in precarious situations, creation of circular economy sectors, fight against food waste…

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