Impact bonds are a relatively new form of results based financing (RBF) that attach payments to outcomes and where financial risk is shared with third-party investors. Although they have been used more frequently in developed countries, especially in Europe, impact bonds are increasingly being employed to support development in low- and middle-income countries, including in education projects. Because they are relatively new, understanding remains...
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2022/04/01
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Brief
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180125
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1
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2023/02/13
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Disclosed
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Using Impact Bonds in Education in Low- and Middle-Income Countries : An Evidence Review
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Citation
World Bank.
Using Impact Bonds in Education in Low- and Middle-Income Countries : An Evidence Review (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099649402132334298