A new fund for better social, environmental and infrastructure outcomes
Most of development assistance today is delivered through input finance with no guarantee of successful achievement of results. Now imagine that a government could commission for increased employability among a targeted population, narrowed learning gap between boys and girls, more affordable housing in urban settings, or increased connectivity to economic opportunities.
Nearly 1 Million to Benefit from Upgraded Solid Waste Management Facilities in Gaza
WASHINGTON, November 23, 2020 — The Global Partnership for Results-Based Approaches (GPRBA) and the Partnership for Infrastructure Development Multi-Donor Trust Fund (PID-MDTF) for the West Bank and Gaza, and the Palestinian National Authority signed a grant agreement providing $3.25 million in additional financing to support the ongoing
Redefining the possible: the IFC-GPRBA Partnership
As much of the world develops at an increasingly rapid pace, some regions are lagging. Poverty is increasingly concentrated in places affected by fragility, conflict and violence. Developing resilient infrastructure in fragile regions like these supports peace and stability and provides opportunities for their residents to rise out of poverty.
Results-Based Financing for an Inclusive Response to COVID-19
With many local governments overwhelmed and lacking the capacity to deal with the effects of the COVID-19 pandemic, NGOs and social enterprises are stepping in as partners to provide support.
Can social enterprises help with an inclusive recovery?
The terms “sustainable” and “inclusive” are being commonly (and often loosely) applied to any positive interventions towards the response and recovery from the pandemic. What does “inclusive recovery” mean?
Accelerating impact: COVID-19 and the future of outcomes-based financing
Development and aid contracts need to be reformed in the pandemic era to allow for crisis-related contingencies after COVID-19 forced numerous development projects to adopt remote and virtual approaches, experts said at an event co-hosted by Devex and
The Electrifying Power of Results-Based Financing in Solomon Islands
From the moment you woke up this morning, chances are you’ve been relying on electricity every second. It powered the alarm clock that got you out of bed, it kept the milk in your coffee from spoiling overnight, and it powers the device you’re using to read this feature story right now. But for too many communities around the world, reliable electricity remains frustratingly elusive.
Re-integrating Out-of-School Children into Ghana’s Formal Education System
Morning classroom at Pong Tamale Experimental Primary School (GPE / Stephan Bachenheimer)
Turning on the Lights for 450,000 People in Rural Myanmar
YANGON, July 8, 2020 – More than 450,000 people in rural Myanmar are expected to gain access to clean energy for the first time following the signing of a grant agreement between the World Bank Group and the Government of Myanmar.