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Public Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedGOVERNMENT OUTCOMES ABUsing impact bonds in education in low and middleincome countries: An evidence review April 20222ASSESSMENT OF IMPACT BONDS IN DEVELOPMENT ASSISTANCE 2022 International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Internet: www.worldbank.org This work is a product of a commissioned study by the World Bank with...
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How to fill out using impact bonds in

01
Identify specific social or environmental outcomes you want to achieve.
02
Determine the funding gap for the desired outcomes and assess potential impact investors.
03
Develop a clear framework for measuring success and agreed-upon metrics with all stakeholders.
04
Draft a contract that outlines the terms of the impact bond, including payment structures based on outcomes.
05
Engage service providers who will implement the program and achieve the agreed-upon outcomes.
06
Launch the program and closely monitor progress against the set metrics.
07
Evaluate the results after the specified period to determine if the outcomes were achieved.
08
If successful, pay investors their returns based on the agreed terms; if not, they may lose their investment.

Who needs using impact bonds in?

01
Government agencies seeking funding for social programs without upfront costs.
02
Nonprofit organizations that need financing to implement impactful interventions.
03
Impact investors looking for opportunities that align financial returns with social good.
04
Philanthropies interested in funding initiatives with measurable outcomes.
05
Community organizations aiming to tackle specific local issues with evidence-based solutions.
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Impact bonds are used as a financial mechanism to fund social programs, where investors provide upfront capital to service providers and are repaid by the government or other entities based on the achievement of specific outcomes.
Organizations or entities that issue or participate in impact bonds are typically required to file necessary reports or documentation with relevant regulatory authorities.
To fill out an impact bond, stakeholders need to provide information regarding the program outcomes, financial terms, investor details, and performance metrics that will determine repayment.
The purpose of using impact bonds is to align funding with measurable outcomes, incentivizing effective social programs, and ensuring accountability in public spending.
Information that must be reported includes details on funding arrangements, achieved outcomes, metrics for evaluation, and financial performance as it relates to the expectations set in the bond agreement.
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