Outcome-based financing: Difference between revisions
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:<span style="color:#4B0082">'''''Greater impact for beneficiaries and lower costs for funders'''''</span> | :<span style="color:#4B0082">'''''Greater impact for beneficiaries and lower costs for funders'''''</span> | ||
:"In contrast to traditional contracting or budgeting approaches, outcome-based financing excels at driving innovation that leads to greater impact for beneficiaries | :"In contrast to traditional contracting or budgeting approaches, outcome-based financing excels at driving innovation that leads to greater impact for beneficiaries and lower costs for funders. | ||
and lower costs for funders. | |||
:By tying funding to outcomes, outcome-based financing: | :By tying funding to outcomes, outcome-based financing: | ||
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*[[Development impact bond]] (DIB) | *[[Development impact bond]] (DIB) | ||
*[[Foundation]] | *[[Foundation]] | ||
*[[Fund]] | |||
*[[Funding]] | *[[Funding]] | ||
*[[Government Outcomes Lab]] (GO Lab) | *[[Government Outcomes Lab]] (GO Lab) | ||
Revision as of 09:18, 14 February 2024
Development - social concerns - Sustainable Development Goals (SDGs) - financing - results-based financing - World Bank.
In the context of international development, outcomes-based financing ties the funding to achieving measures closely related to the ultimate development objective.
- Greater impact for beneficiaries and lower costs for funders
- "In contrast to traditional contracting or budgeting approaches, outcome-based financing excels at driving innovation that leads to greater impact for beneficiaries and lower costs for funders.
- By tying funding to outcomes, outcome-based financing:
- (i) Creates strong incentives for service providers to achieve results, and
- (ii) Grants service providers the autonomy to adjust implementation in a quest for greater development impact."
- An introduction to outcome-based financing - GBPRA's Outcomes Fund MDTF.
See also
- Beneficiary
- Budget
- Contract
- Developing country
- Development
- Development impact bond (DIB)
- Foundation
- Fund
- Funding
- Government Outcomes Lab (GO Lab)
- Global Partnership for Results-Based Approaches (GBPRA)
- Impact
- MDTF
- NGO
- Nonprofit
- Outcome bond
- Outcomes Fund
- Results-based financing (RBF)
- Social concerns
- [[Sustainable Development Goal] (SDG)
- Welfare
- World Bank
Other resource
An introduction to outcome-based financing - GBPRA's Outcomes Fund MDTF
