Development Impact Bond (DIBs)

More from the Series

Blog Post
Are Impact Bonds Worth It? How New Outcome Funds Could Help Answer an Open Question
Ellen Anderson et al.
August 09, 2019
As the use of impact bonds continues to grow, we ask whether results-based financing mechanism are able to fulfil their promises.
Blog Post
DIBs: Value for Money or Just an Interesting Financing Mechanism?
Cassandra Nemzoff et al.
March 26, 2019
At the end of 2018, the world had seven development impact bonds (DIBs) and more in the pipeline. Yet questions remain about the potential of DIBs—still a new financing instrument—compared to other pay-for-performance arrangements. With a dearth of standard and transparent evaluation met...
POLICY PAPERS
Development Impact Bonds Targeting Health Outcomes
Lorcan Clarke et al.
December 14, 2018
Using publicly available information, we describe all seven DIBs, and evaluate the three “health DIBs” in more detail, comparing their stakeholders, implementation, and outcome structures. We offer three recommendations to improve evaluation and inform development of DIBs in the future. ...
Blog Post
Envisioning Pay-for-Success: Learning from an Eye Health DIB in Cameroon
Amanda Glassman
and
Roxanne Oroxom
January 29, 2018
In 2013, a CGD working group signaled important benefits of development impact bonds, and worked through some of the “how-to” of design and implementation. Yet five years later, only three development impact bonds have launched.
POLICY PAPERS
Structuring and Funding Development Impact Bonds for Health: Nine Lessons from Cameroon and Beyond
Roxanne Oroxom et al.
January 26, 2018
Despite the considerable interest in Development Impact Bonds, only a few have reached the implementation phase. We use information from stakeholder interviews to describe the design of one DIB in-depth and use lessons from a range of impact bonds to develop recommendations for potential partners to...
Blog Post
Another One Joins the DIB: OPIC Commits $2 Million to a Development Impact Bond on Cataract Surgery
Amanda Glassman
and
Roxanne Oroxom
October 12, 2017
OPIC recently announced it will invest $2 million in a Development Impact Bond (DIB) aimed at improving the availability and quality of cataract surgery services in Cameroon. 
Blog Post
The "Big Bond": How to Maintain African Growth While Reducing the Fiscal Burden on Donors
Nancy Birdsall
and
Ngozi Okonjo-Iweala
April 17, 2017
Sub-Saharan African countries are at a critical juncture. With China's slowdown and the collapse in commodity prices, growth slipped to 3.4 percent in 2015, on average just over half what it has been for the past 15 years. Estimated growth for 2016 is below the population growth rate of about 2 ...