Who are the main stakeholders in a PFS project, and what are their roles?

Six actors are essential to a PFS project:

Governments identify social or environmental problems, select interventions, and pay if the program successfully achieves agreed outcomes.

Private and philanthropic funders provide  up-front financial support for the project and receive a return if the project is successful.  

Financial intermediaries structure the project and raise the up-front funding. A single organization or multiple organizations with different responsibilities may fill this role.

Knowledge intermediaries identify and recommend high-performing programs or interventions, help structure the project, provide course-correction during implementation, and, with the independent evaluator, conduct ongoing research on impact.

Service providers implement the evidence-based social program in the PFS project.

Independent evaluators determine if the intervention has met desired outcomes.