The Global Partnership for Results-based approaches (GPRBA) promotes inclusive development through innovative financing solutions that link funding to actual results achieved. GPRBA is a partnership established to improve the delivery of basic services like water, sanitation, energy, health and education for low-income communities that might otherwise go unserved.
Press Release: GPRBA's First Impact Bond Project Will Improve Access to Preschool Education in Uzbekistan
Summary: This objective of this project, GPRBA's first impact bond, is to increase access to quality early childhood education services by incentivizing private sector service provision in the country's urban areas. The Government of Uzbekistan will pay for the achievement of the following outcomes:
This paper offers an initial framing of the challenge to set the terms of investment and pricing,so that outcome payer organizations can begin to address questions regarding how to approach pricing outcomes in impact bonds. This paper is not intended as a step-by-step “how-to guide”. Each deal is unique and different.
This paper outlines the potential contributions of impact bonds to the World Bank Group’s Maximizing Finance for Development (MFD) approach. The MFD approach is in part a response by the World Bank Group to the 2030 Sustainable Development Agenda.
In 2009, a pilot project was initiated with support from the World Bank's Water and Sanitation Program (WSP). This pilot aimed to leverage private sector resources and help poor households in rural areas access affordable, high-quality sanitation facilities from local businesses.
LUSAKA, June 11, 2019. The World Bank, acting as administrator for the Global Partnership for Results-Based Approaches (GPRBA), signed a Grant Agreement on May 1, 2019 for US$3 million with Zambia’s Ministry of Finance to extend electricity to rural areas.