Monday
July 17
2017

Two years in: How’s the world’s first development impact bond for education doing?

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.

 

Source: Brookings (link opens in a new window)

Categories
Education
Tags
education, financial innovation, global development, India, social impact bonds