Outcome-based financing

Development - social concerns - Sustainable Development Goals (SDGs) - financing - results-based financing - World Bank.

In the context of international development, outcome-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
• Multi-donor trust fund (MDTF)
• NGO
• Nonprofit
• Outcome bond
• Outcomes Fund
• Results-based financing (RBF)
• Social concerns
• Sustainable Development Goals (SDGs)
• Welfare
• World Bank

Other resource

An introduction to outcome-based financing - GBPRA's Outcomes Fund MDTF