Two years in: How’s the world’s first development impact bond for education doing?
Monday, July 17, 2017
Two years after the launch of the first development impact bond(DIB) for education, this innovative financing model is reporting promising results in both enrollment and learning gains. With one year remaining on the three-year contract, the program is already close to delivering the enrollment goals of out-of-school girls in Rajasthan, India. However, despite considerable progress in learning levels, they are only halfway to the final goal—highlighting the challenge and ambition of linking finance to results.