Blog

Improving waste management through results-based financing

Results-based financing (RBF), the umbrella term for mechanisms like pay for success (PFS), can be appealing for improving outcomes in developing countries, which often face tight fiscal constraints and limited capacities to implement public programs. However, shifting political priorities can make sustaining these investments challenging.
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The Development Impact Bond: Paying for Better Development Outcomes

In 2013, the Center for Global Development and Social Finance UK created the concept of a development impact bond (DIB) by adapting the pay for success (PFS) model to international development challenges.
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The Social Innovation Fund's PFS Investment: Partnerships by the Numbers

We’ve written quite a bit about preparing for pay for success (PFS) projects; from understanding the program evidence base, to pricing outcomes, to the importance of rigorous evaluation design. But at the heart of any successful PFS planning activity are productive public-private partnerships.  These partnerships can be complicated. 
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Using hypothetical projects to talk about evidence

How does evidence shape how stakeholders perceive the risks and benefits of pay for success (PFS) projects? Last Friday, the centrality of evidence to each stakeholder perspective was on display at “Pay for Success and Social Impact Finance 2.0,” a day long convening of students and experts hosted by the University of Virginia’s Pay for Success Lab.
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Ramp-up periods in pay for success projects

We have often been asked in our training and technical assistance (TTA) work to explain the value of including a pilot or ramp-up period in a pay for success (PFS) project. Pilots and ramp-ups serve very similar functions: both are trial runs of the project during which success or failure does not affect outcome payments, allowing the service provider and the intermediary the flexibility to address potential issues that may affect the overall success of the project.