Featuring
Owen Barder
Senior Fellow and Director for Europe, Center for Global Development
Toby Eccles
Director, Social Finance
On June 5th the Development Impact Bond Working Group launched a consultation draft of their report at an event to coincide with the G8 Social Investment Forum in London. The consultation report was just the beginning of a process which the group hopes will spur the development of a viable market for Development Impact Bonds (DIBs). Since the report's release the group's co-chairs have been overwhelmed by the interest in this new financial mechanism. As such, two of the co-chairs, CGD's Owen Barder and Social Finance's Toby Eccles, will host a webinar to talk more about DIBs in practice. They also welcome questions and reactions to this idea.
DIBs are a new funding approach that bring together private investors, service delivery organizations, governments and donors to deliver cost-effective development outcomes. Based on the model of Social Impact Bonds spreading in the UK, the US and elsewhere, DIBs engage the private sector to increase innovation, flexibility, and efficiency in service delivery, and align the interests of all partners towards achieving measurable results. To download a briefing note please click here.
Places are limited so please register as soon as possible if you would like to attend. If you have any questions please contact sarah.henderson@socialfinance.org.uk.
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