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 ...
At the Center for Global Development, we have been investigating, through our work on Development Impact Bonds, impact investment, and private investment more generally, the best ways to leverage private sector involvement in development for the greatest impact.