Redefining Value: From Outcome-Based Funding to Tradeable Impact

Traditional funding models are falling short in addressing today’s social and environmental challenges. This new white paper by the Schwab Foundation, in collaboration with SK Group and Rockefeller Philanthropy Advisors, introduces a bold alternative: tradeable impact.

By transforming verified social outcomes – such as improved education, health or caregiving – into economic value, tradeable impact creates new financial incentives for social enterprises, businesses, investors and governments.

Drawing lessons from carbon markets and real-world pilots like South Korea’s Social Progress Credit and South Africa’s Zlto, the paper outlines a practical blueprint for designing impact markets. It explores how impact credits could unlock new revenue streams, strengthen corporate strategies and lay the groundwork for an inclusive, sustainable economy.