Over 75 bilateral cooperation agencies, multilateral development institutions, and private foundations participated in third annual Impact Bonds Working Group (IBWG) held in Washington, DC at the World Bank (February 26-27) and co-organized by GPRBA.
The IBWG meetings brought together major public and private sector donor organizations and development agencies to design strategies and concrete initiatives for enhancing the cost effectiveness and scalability of impact bonds and other outcomes-based commissioning instruments as a means to support countries in delivering the UN Sustainable Development Goals.
The conference featured plenary sessions and a mix of high-level panel discussions, dynamic breakout sessions, investor feedback clinics, donor-to-donor knowledge sharing, and workshop on operationalizing the Impact Bond Market Acceleration Partnership (IBMAP).
Among the topics covered were:
- Emerging deals and Outcomes Funds
- Knowledge Sharing and Lessons learned
- Operationalizing the Impact Bond Market Acceleration Partnership (IBMAP)
- Strategies for Scaling Outcomes-Based Commissioning
The third item in the list above, the Impact Bond Market Acceleration Partnership (IBMAP), was discussed in great detail and is an emerging initiative being developed and launched by the IBWG to seek more opportunities to apply the use of impact bonds.
For more information on the third IBWG meetings' agenda and discussions, visit http://www.ib-wg.com/ (go to DOCUMENTS and scroll down).
The IBWG Executive Committe Members are DFID, SECO and the UBS Optimus Foundation. The IBWG activities are managed by the IBWG Secretariat (Levoca Impact Labs).
Among the IBWG meeting attendees:
AIAI
BNP Paribas
Botnar Foundation
BRAC
Bridges to Prosperity
British Asian Trust
Brookings Institute
Cardano Development
Convergence
DAI
DFID
Ecorys
Education Outcomes Fund
Enabel
FinnFund
Fred Hollows Foundation
Gates Foundation
GiveWell
Global Affairs Canada
GoLab
ICRC
IDB Lab
IFC
IKEA Foundation
ILO
Instiglio
Inter-American Development Bank
Kois
Levoca Impact Labs
Living Goods
MCC
Munich Re
Palladium
PSI
Save the Children
SECO
Social Finance
The Global Fund
The Netherlands, Ministry of Foreign Affairs
UBS Optimus Foundation
UN Secretariat
UNICEF
USAID
Volta Capital
Wellspring Philanthropic Fund
World Bank Group
YW Investments