In Ghana, output-based aid (OBA) was used to improve affordability for households in crowded low-income areas of the Greater Accra Metropolitan Area (GAMA) to invest in improved household toilets. OBA was provided as a subsidy to reduce the upfront cost for toilets and stimulate demand, which in turn made it more attractive for financial institutions to enter this market.
In Ghana, blended finance helped improve affordability for rural Ghanaian household investments in off-grid renewable energy technologies. Local banks extended credit blended with concessional finance from the World Bank to rural low-income households for acquisition, installation and maintenance of solar home systems (SHSs).
Given the significant financing gap to meet the needs of developing countries and achieve the United Nations’ Sustainable Development Goals*, governments, multilaterals and other development partners are increasingly looking to the private sector to help fill this gap.
Dr. Bertha Darteh of Ghana's MInistry of Local Government and Rural Development describes how output-based aid (OBA) provided incentives for private sector providers to bid on sanitation contracts.
Webinar organized by the World Bank's Global Partnership on Output-Based Aid (GPOBA) on the use of results-based financing in the Greater Accra Metropolitan Area sanitation project
Accra, March 31, 2015 – The World Bank, acting as administrator of the Global Partnership on Output-Based Aid (GPOBA) has signed a US$4.85 million grant agreement with the Government of Ghana to provide sustainable toilet facilities in low income areas of Greater Accra Metropolitan Area (GAMA), Ghana’s largest metropolitan region.
News Release no. 2008/8
Cathy Russell, tel. (+1) 202 458 8124 firstname.lastname@example.org
Kafu Kofi Tsikata, tel. (+233) 21 214100 email@example.com