Impact Bonds and Outcomes-Based Approaches

Improving social outcomes is the the heart of all our work. We have deep and broad skills and experience in impact bonds and outcomes-based approaches (OBA) – a type of innovative finance – having pioneered these structures in 2010. Our work ties funding and finance to results, aligning partner incentives and goals around their achievement.

Our expertise includes the ​feasibility, design and management of outcomes-focused programmes and funds through impact bonds, performance-based contracts and other results-based instruments. We also work with partners to build capacity and support the broader market to shift towards outcomes-focused approaches through the dissemination of tools, insights and best practices. 

Improving neonatal survival in Cameroon

We brought together cross-sector partnerships to design and deliver an impact bond to improve neonatal outcomes at scale.

Creating employment opportunities for Palestinian women and youth

We led the design and supported the implementation of the Finance for Jobs development impact bond, delivering job outcomes for young Palestinians.

Bringing safe sanitation to rural Cambodia

Creating a new approach to funding safe sanitation for hundreds of communities in Cambodia.

Learning lessons for education from the use of results-based financing in health

This report looks to capture the lessons that can be learned from results-based financing (RBF) as it is used in the health sector, to inform the application of RBF in education provision in low- and middle-income countries. 

Changing employment outcomes for young people in Buenos Aires

Together with local partners, we undertook the feasibility, design and launch of Argentina’s first social impact bond for employment.

Accelerating the design of impact bonds

Five insights from the Mine Fields to Rice Fields development impact bond in Cambodia. 

This is how outcomes-based contracts work

Listen to Social Finance International Director, Louise Savell, speak with Jack Farren of The Social Impact Journal about impact bonds, outcomes-based approaches, and local accountability for impact in international development.

What role could outcomes-based contracting play in the recovery of Ukraine?

As the Russia-Ukraine war continues, the international community has started to look towards Ukraine’s recovery needs. Outcomes-based contacting can play a part.