Results-based financing is a well-established financing modality in the health and education sectors but it is still in an early stage of deployment in the area of climate change.
"The Application of Results-Based Financing for Urban Transport” webinar focus on urban transport systems, which are crucial for connecting poor populations to jobs, education and health services. As the developing world rapidly urbanizes, there is an opportunity to build safer, cleaner and more inclusive transport systems.
Social Impact Bonds: Addressing Gaps to Solving Social Issues”, the first webinar in the series, will explore the financial instrument as a potential model that addresses weaknesses of traditional approaches in solving social issues, and some examples from implementation. As a RBF instrument, impact bonds tie financial returns and payments to social outcomes.
Achieving transformational change in climate change mitigation and adaptation requires a combination of enhanced international cooperation and trillions of “climate-smart” private investments, which in many cases will need to be channeled through blended public and multilateral financing schemes.
This module, part of a Coursera course on "Planning & Design of Sanitation Systems and Technologies". Inga Afanasieva, Infrastructure Specialist, at the World Bank, introduces the role that results-based financing approaches can play in meeting growing infrastructure and service challenges in the provision of urban sanitation.