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In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Avnish Gungadurdoss, Co-Founder and Managing Partner, Instiglio
Amanda Glassman, Senior Fellow, Center for Global Development
ABOUT THE EVENT
Results-Based Financing (RBF) is a funding modality increasingly used to enhance the effectiveness of development spending. By tying funding to pre-defined and rigorously measured outcomes, RBF focuses delivery incentives on results and improves the cost-effectiveness of programs.
Instiglio has championed the systematic expansion of RBF for social programs, notably through the world’s first Development Impact Bond (DIB) in education (Educate Girls Development Impact Bond) completed in India with positive results, including 160% achievement of its learning outcome target. Instiglio continues to pioneer RBF approaches in low- and middle-income countries, helping governments and other development practitioners improve effectiveness via financing programs based on results and sustaining improvement through performance management.
In this event, Instiglio’s Co-founder and Managing Partner, Avnish Gungadurdoss, will share knowledge from Instiglio’s experience, speak to the latest trends, and generate awareness and interest in RBF mechanisms and their potential to unlock greater impact. Specifically, Avnish will share:
- Instiglio’s experience and the key lessons learnt from designing and implementing impact bonds in international development; from the importance of performance management, to how incentive structures have played out on the ground, to how risks of perverse behavior and other challenges were addressed in various geographies.
- Key insights on how the RBF space is evolving towards piloting outcomes funds, a new kind of infrastructure to facilitate systematic and results-oriented sectoral innovations. Avnish will anchor the conversation on Instiglio’s practical experience and involvement in various outcomes funds which seek to improve results in various sectors, such as poverty alleviation and health.
We will host a networking brunch immediately following the discussion.
In May 2017 the G20 Ministers of Finance appointed the Eminent Persons’ Group (EPG) on global financial governance, led by the Deputy Prime Minister of Singapore Tharman Shanmugaratnam, to review the governance of the international financial institutions, looking at their coherence and effectiveness in supporting the Agenda 2030 for Sustainable Development, managing capital flows, assessing risks to financial resilience and addressing non-financial threats to growth and stability.
The Center for Global Development (CGD) and The Global Financing Facility (GFF) invite you to the co-hosted Twitter Chat: Global Financing Facility: Investing in People. This interactive chat will discuss the details of GFF’s results-based model, its approach to sustainable global health financing, and scaling the impact of this innovative program over its planned expansion period (2018-2023).
Every year, more than 5 million women, children and adolescents die from preventable conditions, due to a significant financing gap for healthcare for women, children and adolescents, and inadequate incentives for provision and use of quality health services, among other factors. The Global Financing Facility (GFF) in support of Every Woman Every Child is a new approach to sustainable global health financing that is supporting countries’ approaches to financing and investing in the health of their people.