Over 75 bilateral cooperation agencies, multilateral development institutions, and private foundations participated in third annual Impact Bonds Working Group (IBWG) held in Washington, DC at the World Bank (February 26-27) and co-organized by GPRBA.
This chart summarizes 10 of the common claims by impact bond proponents, as well as the evidence thus far.
A 2017 Brookings study reviewed each of these claims and found some of them more substantial while others had mixed results.
Output-based aid (OBA) is highlighted in the first issue of Handshake, the quarterly journal of the International Finance Corporation (IFC) on public-private partnerships (PPPs), as an approach supports PPPs by facilitating access to basic infrastructure and social services
With development needs outstripping public sector capacity, private sector finance and expertise are becoming increasingly important. OBA and public-private partnerships (PPPs) are innovative mechanisms for leveraging private sector investment in development solutions. OBA can add value to a PPP by ensuring that private investment benefits poor populations.