Educate Girls development impact bond aims to help improve education for 18,000 children in Rajasthan, India.
The Educate Girls bond is a results-based financing mechanism, through which the UBS Optimus Foundation provides upfront funding for a program angling to get more girls in school and improve overall educational attainment in 140 communities in Rajasthan, India. If the project succeeds in reaching 18,000 children, then the Children’s Investment Fund Foundation — as the outcome payor — will repay UBS’ investment, plus a return depending on performance.
Full text available athttps://www.devex.com/news/a-look-inside-the-educate-girls-development-i...
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