The accountancy firm Baker Tilly and the Consortium of Voluntary Adoption Agencies have
launched a social impact bond to help harder-to-place children find adoptive families.

Private investors will fund the project at the start and will then by reimbursed from payments
made by local authorities based on the results achieved.

‘A permanent, therapeutic placement with a family can improve a young person's physical and mental health, and reduce the risk of challenging behaviours turning into offending behaviour in later life,' said Baker Tilly's head of not-for-profit, Jim Clifford.