This video presents three basic elements that distinguish results-based financing from traditional development funding:
1. Service providers of results-based funding projects get paid only if the planned results are achieved
2. Results have been predefined and contractually agreed upon between the parties
This World Bank-supported and multilateral donor funded unit is now the Global Partnership for Results-based Approaches. After 15 years of development experience using results-based financing, this name change reflects a wider emphasis beyond the original focus on output-based aid.
The use of results-based financing (RBF) approaches has been growing among the development community. The Global Partnership for Results-based Approaches (GPRBA) has been at the forefront of supporting and using RBF mechanisms since 2003, when the program started promoting output-based aid (OBA) through the Global Partnership on Out-Based Aid (GPOBA).
"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.
Webinar: Achieving Transformational Change in Climate Change Mitigation Through Results-Based Financing
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.
Webinar organized by the World Bank's Global Partnership on Output-Based Aid (GPOBA) on the use of social impact bonds as a type of results-based financing for social issues 2016 04 27