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 UBS Optimus Foundation.

Maitreyi Bordia Das, Global Programs Manager at the World Bank's Urban, Disaster Risk Management and Land Global Practice (to which GPRBA belongs), joined other panelists from UBS Optimus Foundation, United Nations Children’s Fund, Instiglio, and the U.S. International Development Finance Corporation to reflect on the pressing need to find innovative funding tools that stimulate real impact on the ground both during the pandemic and beyond.

Visit Devex's website for details about the event's discussion and its findings