Impact bonds represent a relatively new type of financing modality that holds great promise for crowding in private capital and sharing performance risks in projects in developing countries, as part of the World Bank Group’s maximizing finance for development approach. These instruments involve a performance-based contract that employs private finance to cover the upfront cost of project delivery. Upon successful delivery of pre-specified outcomes...
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INFORMACIÓN
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2019/06/01
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Documento de trabajo
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140224
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1
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1
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2019/08/05
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Disclosed
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Impact Bonds : Considerations for Investment Returns and Pricing of Outcomes
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bond