Notes
1 United Nations Inter-agency Group for Child Mortality Estimation, “Levels & Trends in Child Mortality,” 2017.
2 Genevie Fernandes and Sridhar Devi, “World Bank and the Global Financing Facility,” BMJ, August 31, 2017.
3 USAID, “Report to Congress on the Use of Innovative Financing Tools to End Preventable Maternal, Newborn, and Child Deaths,” October 2, 2017.
4 Emma Disley and Jennifer Rubin, “Phase 2 report from the payment by results Social Impact Bond pilot at HMP Peterborough,” RAND Corporation, 2014.
5 Center for Global Development and Social Finance, “Investing in Social Outcomes: Development Impact Bonds,” October 2013.
6 Emma Disley et al., “The payment by results Social Impact Bond pilot at HMP
Peterborough: final process evaluation report,” RAND Corporation, 2015.
7 Catherine Cheney, “USAID announces a new development impact bond,” Devex, November 30, 2017.
8 Corey B. Bills et al., “Reducing Early Infant Mortality in India: Results of a Prospective Cohort of Pregnant Women Using Emergency Services,” BMJ, April 13, 2018.
9 Emily Gustafsson-Wright et al., “Impact Bonds in Developing Countries: Early Learnings from the Field,” Center for Universal Education at Brookings, September 2017; Palladium, “Lessons Learnt from Developing a DIB Market,” 2016.
10 This program is supported by funding from Merck, through Merck for Mothers, the company’s 10-year, $500 million initiative to help create a world where no woman dies giving life. Merck for Mothers is known as MSD for Mothers outside the United States and Canada.
11 Gustafsson-Wright et al., “Impact Bonds in Developing Countries.”
12 Dominique Carrie, “Scaling Kangaroo Mother Care in Cameroon—it’s all about bringing people together,” Social Finance UK, September 12, 2017.
13 Ibid.
14 Gustafsson-Wright et al., “Impact Bonds in Developing Countries.”
15 Ibid.
16 Center for Accelerating Innovation and Impact, USAID Global Health Bureau, “2017 Impact Brief,” 2017.
Andrew Wainer (@AndrewWainer) is director of policy research at Save the Children USA, where he focuses on sustainable finance, governance, and aid effectiveness. His research has been published in the peer-reviewed journals Development in Practice and International Migration, and he has also written for the Los Angeles Times, The Guardian, and The Atlantic. He can be reached at [email protected]. This article was generated by Save theChildren USA research generously supported by the Bill & Melinda Gates Foundation.
The author wishes to acknowledge the research assistance and guidance of Save the Children Senior Director of Global Health and Development Policy Smita Baruah and Associate Director of Global Health and Development Policy Jill Carney.