Blog

Making sound cost decisions in pay for success

What costs should you consider in establishing a pay for success (PFS) project? How should success payment rates be established? Who bears responsibility for which costs? How can a government protect itself from being stuck with excessive costs?  What cost information is likely to be needed in determining what action to take after the project has ended?
Blog

Balancing the potential and risks of pay for success

This is the second of a two-part blog series considering criticisms of pay for success (PFS). This series builds on an opinion piece written by our Initiative’s co-director, Justin Milner, which addressed four of the most common criticisms of PFS.
Blog

Exploring criticisms of pay for success

This is the first of a two-part blog series considering criticisms of pay for success (PFS).
Blog

Pay for success as a tool to tackle the opioid epidemic

Drug-related deaths have been on the rise since 2000, largely due to the increased misuse of opioids: fatal overdoses involving opioids accounted for nearly two-thirds of all drug overdose deaths between 2000 and 2015.
Blog

Q & A with DC Water CFO Mark Kim

This past September, DC Water—Washington DC’s water utility—along with investors Goldman Sachs and Calvert Foundation and intermediary Quantified Ventures, announced the launch of the nation’s first environmental impact bond (EIB). To learn more about the project’s specifics, we sat down with CFO of DC Water Mark Kim for a Q&A session.