When, How, and Why to Use Impact Bonds

Kusisami Hornberger ()
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Kusisami Hornberger: Dalberg Global Development Advisors

Chapter Chapter 15 in Scaling Impact, 2023, pp 193-203 from Springer

Abstract: Abstract As discussed briefly in the previous chapter, an unfortunate simplification often undermines the use and scale up of results-based financing mechanisms. Many still equate all forms of innovative finance or results-based finance with just one flavor of contingency-based financing: the impact bond. However, not only are impact bonds not the only type of results-based finance, but they are also inappropriate in many contexts. I learned this the hard way through personal experience.

Date: 2023
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DOI: 10.1007/978-3-031-22614-4_15

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