Tag: innovative financing

 

Strange Football: Education Programs Rarely Keep Score

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“Is learning the only result worth financing in education?” That was the question posed to me at a recent World Bank debate about results-based financing in education. The question is germane because the World Bank has a large program of results-based financing in health and a new modality of Program for Results lending operations, and it is negotiating a new trust fund for performance programs in education. 

Up and Down the SIB Road: How Far Have We Come?

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There is no denying that interest in Social Impact Bonds (SIBs) is steadily growing: with investments coming from big banks like Goldman Sachs and Bank of America Merrill Lynch and approximately 26 SIBs implemented in industrialized countries across the globe (see below for a more detailed listing), an evidence base is starting to accumulate on what works and what doesn’t.

Payment by Results: One Size Doesn't Fit All

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In recent years, donors have been making greater use of performance-based payment approaches to fund development programs. The UK Department for International Development, using the broader term being used across the UK government, has added “Payment by Results” (PbR) to the development lexicon.

Show Them the Money

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Denizens of Climate World are gearing up for the “Climate Summit” being hosted by UN Secretary General Ban Ki Moon in New York on September 23rd.  The Summit is designed to elicit “bold commitments to action” from leaders of government, business, finance and civil society in eight areas deemed critical for avoiding catastrophic climate change. 

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