Investing in Social Outcomes: Development Impact Bonds

This report by the Center for Global Development and Social Finance explains how Development Impact Bonds (DIBs) can increase the efficiency and effectiveness of development funding. Based on Social Impact Bonds in industrialized countries, a DIB creates a contract between private investors and donors or governments who have agreed upon a shared development goal.

From original article:"The report is divided into three sections: Section 1 explains the concept of DIBs, challenges for development funding that the approach addresses, its value over alternative funding mechanisms, and what is needed to create a viable DIB market. Section 2 explores six DIB case studies to illustrate the breadth of social issues to which the approach can be applied and considerations for the design of DIBs. Section 3 provides more detail on technical considerations for audiences interested in exploring the implementation of DIBs."