Innovation Session: Understanding Pay for Success and Development Impact Bonds

Thursday, November 8, 2018: 2:30 PM-3:15 PM
Atrium - Exhibit Level (Marriott Wardman Park)

*Names in bold indicate Presenter

Participant:  Dana Rotz, Mathematica Policy Research

Description of Research: Pay for success (PFS) is an emerging approach to funding service delivery that ties financial payments to the achievement of measurable outcomes or impacts. This innovative contracting mechanism allows an investor to put up initial funds for program delivery, while a funder (such as a government or foundation) provides the investor with a return on their investment once a certain result is achieved. This approach can be particularly valuable as it allows a funder to only allocate resources if a project succeeds. It has been hypothesized that PFS can lead to rapid innovation and implementation of effective services at scale. In this session, Dana Rotz and So O’Neil will lead a discussion of best practices in the evaluation of PFS projects and conducting knowledge development within the PFS framework.

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