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Impact Bonds

23 July 2025
Case Study
Publisher : IE School of Global and Public Affairs

16072

This case study provides an overview of impact bonds, specifically focusing on Social Impact Bonds (SIBs) and Development Impact Bonds (DIBs). It explains their structure as innovative financing mechanisms that link investor returns to the achievement of pre-defined social outcomes. The study explores how these bonds can incentivize effective social programs by shifting financial risk from governments or donors to private investors, thereby promoting efficiency and results-based approaches in development.

Author(s) :

Borja Santos Porras, Ricardo Maia

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Key topics

Innovative Finance/ Blended Finance

Also found in

Financial Stewardship, Sustainability, & Accountability

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