Development Impact Bonds (DIBs) bring together private investors, non-profit and private sector service delivery organisations, governments and donors to deliver results which society values.
CGD convened experts in nutrition and/or innovative finance in Washington DC and London for a workshop on February 24th about Development Impact Bonds (DIBs).
Development Impact Bonds (DIBs) are a new approach to designing and funding development programs that bring together governments, donors, private investors, and non-profit and private sector service delivery organizations to deliver results which society values.
A Social Impact Bond (SIB) is a payment for outcomes model that seeks to shift attention, incentives and accountability to results; transfer risk and responsibility for performance to private investors and implementers; and drive value for money and efficiency gains throughout the cycle. A Development Impact Bond is a potential variation of the SIB model that would provide new sources of financing to achieve improved social outcomes in developing country contexts.