Dr Chih Hoong Sin is an independent expert in social outcomes contracting and impact investment. With over 20 years of experience in supporting public, private and social sector entities to improve outcomes through innovative commissioning, delivery and financing; Chih Hoong is passionate about cross-sectoral partnerships to enable individuals, organisations and governments to create social value. He provides expert support to governments and partners in the UK, Abu Dhabi, Japan, Hong Kong, Singapore, and more. He is increasingly providing strategic advice to international bodies such as UNESCO to effect positive social change at scale.
Suppporting social enterprises will only go so far without ensuring access to finance and to markets. While many policymakers fail to connect the demand and supply sides, Abu Dhabi's “ecosystem approach” is showing how it can be done.
The UK is weary of social impact bonds. But, says Dr Chih Hoong Sin, exciting innovations in other parts of the world should inspire the country of their birth to take a fresh look at what they can achieve.