Can Impact Bonds Deliver Better Results, Faster and Cheaper?

  • 1 June 2017
  • Case Study
  • Publisher : World Bank
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This World Bank case study investigates whether impact bonds can deliver better, faster, and cheaper results for development projects. It explores the performance-based contract model of impact bonds, where private finance covers upfront costs and is reimbursed by outcome payers upon achieving pre-specified results. The paper provides an initial framing of the challenges in pricing outcomes to balance appropriate returns with commercial viability, offering guidance for organizations engaging with these instruments.

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Innovative Finance/ Blended Finance

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