Try to imagine a well-functioning economy without having secure land tenure and property rights established. Would investors and service providers enter such a risky environment? Would banks be wary of offering and lending? Could conventional commerce or business transactions even operate optimally?
This illustrates the key features of GPRBA's role in the West Bank & Gaza Real Estate Registration Project, the first test case in applying results-based financing in the land sector.
From 2010 to 2013, the GPOBA: Vietnam Education Project provided tuition subsidies to more than 8,000 poor students to attend non-public upper secondary schools and professional secondary schools. Using an output-based aid approach, the project linked the payment of a tuition subsidy with student performance.
Access to clean water remains a struggle for many of the poorest households in rural areas. GPRBA collaborated with the World Bank in Tanzania to bring safe, clean water to 165 villages in the country by combining blended financing with emerging technologies including solar water pumps, pre-paid meters, chlorination and remote sensors.
A new education funding project using social impact bonds (SIBs) seeks to help increase the number of children ages 3-7 enrolled in preschools in disadvantaged urban areas across Uzbekistan. The planned program is made possible through a $4.85 million grant provided by the World Bank’s Global Partnership for Results-Based Approaches (GPRBA).
Ramallah, November 6th. The World Bank, acting as administrator for the Global Partnership for Results-Based Approaches (GPRBA), signed a Grant Agreement on November 6th for US$4.6 million with the Palestinian National Authority to improve access to registered land and property-related services.