Ubs social impact bond

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To make this a reality, the UBS Optimus Foundation focuses on high-impact, innovative programs that help ensure children are safe, healthy, educated and ready for their futures. Investment in social outcomes As social investor, UBS Optimus Foundation is providing up-front working capital to frontline NGOs so they can get to work improving education. Repayment and returns fund further philanthropic programs. IDinsight leads learning partnerships across Asia and Africa, working with governments, multilaterals, foundations, social businesses and innovative NGOs to generate and use evidence to improve their impact. In a collective effort, various stakeholders came together to support EG in preparing to scale their model as well as to create benchmarks and a common framework for sector-wide impact. Teaching and Learning: Achieving Quality for All. An outcome payer agrees to pay for the social outcomes that are achieved by a program. And so they have the potential to shift the development sector to focus on results and bring in substantial new capital to create social impact at a far greater scale," said Phyllis Costanza, CEO, UBS Optimus Foundation. The outcome funders repay the social investor — with a possible return — if learning outcomes are achieved. Its education program was implemented in rural areas of the state of Rajasthan and ran from to

  • $11 million development impact bond launched to improve education
  • UBS Optimus Foundation Knowledge is power UBS Optimus Foundation
  • Development impact bond worth $11 million launched to improve education quality in India

  • The world's first Development Impact Bond in education surpasses both target outcomes.

    images ubs social impact bond

    Learn how we brought girls back to school and improved learning. The world's first healthcare development impact bond aimed at reducing the number of maternal and newborn deaths in Rajasthan, India, launches today. InUBS Optimus Foundation joined forces with partner organizations to find a solution and launched the first Development Impact Bond (DIB) in education.
    Investors receive a return only if the outcomes are achieved.

    $11 million development impact bond launched to improve education

    More information at ciff. While traditional funding streams are under severe pressure, innovative financing mechanisms, such as DIBs, are a complementary tool and will play a major role in attracting new private capital to solve some of the most pressing global needs. In partnership with the government, EG creates community ownership that encourages enrollment and retention of girls in schools and ensures effective learning outcomes for all children through the deployment of a remedial, activity-based curriculum.

    This consortium of government, private sector, not-for-profits plans to double the DIB in size in the coming years.

    Video: Ubs social impact bond Break-out session: Utkrisht Health Development Impact Bond

    images ubs social impact bond
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    The UK Government, through the Department for International Development DFIDis also providing technical assistance to the programme, including funding for programme management, legal advice, learning and evaluation.

    Compared to traditional funding, DIBs are extremely interesting for donors as they transfer the risk to investors who put in the working capital for the implementing organizations on the ground.

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    UBS Optimus Foundation Knowledge is power UBS Optimus Foundation

    But financial resources are scarce: the UN estimates an extra 2. They achieve this mission by pioneering, extending and perfecting the practice of RBF in low- and middle-income countries, developing and disseminating insights and lessons, and training both the current and the next generation of international development practitioners in cutting-edge RBF strategies.

    The first phase of the program raised 11 million Swiss francs 6. EG is delivering comparable impact to best-in-class early-grade reading interventions.

    THE UTKRISHT IMPACT BOND. 3. 2. The Utkrisht impact bond is the world's first health development impact bond and the largest and most ambitious impact.

    Child education World's largest education impact bond makes the grade by Maya Ziswiler, Head of Social Finance at UBS Optimus Foundation; 28 Aug. World's largest Education Development Impact Bond launched in India. Global leaders come together to raise initial $11m to improve quality of.
    By aligning investment in projects with outcomes achieved, this type of outcome-based funding ensures maximum impact for the money spent.

    Video: Ubs social impact bond Paul Brest: Impact Investing and Social Impact Bonds

    These include:. UBS Optimus Foundation is under no obligation to update or keep current the information contained herein. Tweet Youtube. Its education program was implemented in rural areas of the state of Rajasthan and ran from to The DIB is providing a crucial resource to allow us to train principals and teachers in integrated schools and drive up the quality of education for children in Gujarat.

    images ubs social impact bond
    Ubs social impact bond
    IDinsight works across a range of sectors, including education, financial access, governance, agriculture, health and sanitation.

    This page is for your information only and is not intended as an offer to sell or a solicitation of an offer to buy any security, investment instrument, product or other specific service.

    The Foundation can increase the reach of your donation substantially by leveraging through its global network.

    Development impact bond worth $11 million launched to improve education quality in India

    Outcomes of the programme will be assessed by an independent evaluator, Gray Matters India. Eligible out-of-school girls are those aged 6 — 14 years, who are mandated to be in schools under the Right to Education Act.

    While traditional funding streams are under severe pressure, innovative financing mechanisms, such as DIBs, are a complementary tool and will play a major role in attracting new private capital to solve some of the most pressing global needs.

    images ubs social impact bond

    Outcome funding The outcome funders repay the social investor — with a possible return — if learning outcomes are achieved.

    4 Replies to “Ubs social impact bond”

    1. UBS Optimus Foundation does not provide investment, legal or tax advice and this page does not constitute such advice.

    2. CHF 11 million over four years will provide quality interventions to improve literacy and numeracy forchildren. Citations for all other statements are provided within the page.

    3. EG had a history of already working with enrolment targets internally. IDinsight independently verified the accuracy of the enrollment list by sampling a portion of the lists and conducting school and household visits.