TAILIEUCHUNG - FAMILY PLANNING DEVELOPMENT IMPACT BOND INITIAL SCOPING REPORT TO DFID – 18 MAY 2012

Achieving a high credit quality will also be important to ensure the acceptance of Stability Bonds by all euro-area Member States. One key issue is how risks and gains are distributed across Member States. In some forms, Stability Bonds would mean that Member States with a currently below-average credit standing could obtain lower financing costs, while Member States that already enjoy a high credit rating may even incur net losses, if the effect of the pooling of risk dominated the positive liquidity effects. Accordingly, support for Stability Bonds among those Member States already enjoying AAA ratings would require an assurance. | SOCIAL FINANCE Social Finance Limited 131-151 Great Litchfield street London WiW 5BB T 44 0 20 7667 6370 w FAMILY PLANNING DEVELOPMENT IMPACT BOND INITIAL SCOPING REPORT TO DFID - 18 MAY 2012 Executive Summary Background Social Impact Bonds are a family of outcomes-based financing products in which social investors fully or partly pay for services to be delivered that improve social outcomes and the effectiveness of public sector spending. The first Social Impact Bond was developed and launched by Social Finance with the UK Ministry of Justice and was officially launched in September 2010. Social Finance raised 5m from 17 social investors to fund work with 3 000 short-sentence male prisoners leaving Peterborough prison. DFID is committed to the use of innovative results-based approaches to improve the effectiveness and accountability of development aid and wishes to explore the applicability of the SIB model to development the Development Impact Bond - DIB . This report summarises the initial findings of a scoping study to investigate how a Development Impact Bond could apply in the context of family planning. These initial findings are based on work undertaken by Social Finance and the Center for Global Development over a 6 week period in April and May 2012. The case for Development Impact Bonds Social Impact Bonds are often mentioned in a context of achieving cost savings but also offer an opportunity to achieve value for money by transferring implementation risk - the risk that poor implementation means interventions fail to achieve expected outcomes - to non-government investors and or service providers. This risk transfer may be particularly valuable to government when innovation and flexibility of service provision is required to deliver the best possible outcomes. The inherent focus on impact measurement that is necessary for such contracts to work should also afford greater clarity around the outcomes that are achieved with donor .

• Ngân hàng - Tín dụng
• inadequate funding
• facilities studied
• treatment outcomes
• reported complete national programme
• service delivery
• Tuberculosis Control
• jointly reviewed
• managerial weakness
• national programme