Building Japan’s Impact Economy Case Series

Table of Contents

Acknowledgments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Preface .. . . . . . . . . . . . . . . . . . . . . . . ......................... 4 Introduction . . . . . . . . . . . . . . . . . . . . . ....................... 8 Appendix A : List of Interviewees. . . . . . . . . . . . . ............ 10 Chapter 1: What Makes Japan Special. . . . . . . . . . . . . . . ............... 11 Chapter 2: Japan’s Wicked Problems. . . . . . . . . . . . . . . . ............... 28 Chapter 3: Deliberate Leadership. . . . . . . . . . . . . . . . . ................. 38 Chapter 4: SIIF as Catalyst, Convenor, Collaborator . . . . . . . . . ......... 58 Appendix B: Examples of SIBs (Social Impact Bonds). . . . ... 84 Chapter 5: Case Studies Case Study 1: Insights into Japan’s First Impact Funds . . . . . . . . . ........ 90 Appendix C: Hataraku Fund Logic Model. . . . . . . . ........ 118 Case Study 2: Women as an Economic Driver. . . . . . . . . . . . ............ 121 Case Study 3: Satoyama—A0 Group Investing in Nature-Positive Community Wealth Building. . . . . . . . . . . . . ............. 136 Appendix D: A0 Group Case Study Supplemental Teaching Materials. . . . . . . . . . . . . . . . . . ................. 152 Case Study 4: What is Impact: Who Decides and Why It Matters. . . . .... 164 Chapter 6: Conclusion . . . . . . . . . . . . . . . . . . . . . ..................... 201 2

Ten Years in the Making