Public-private partnerships in early childhood development: The role of publicly funded private provision (Emily Gustafsson-Wright, Katie Smith, Sophie Gardiner, Brookings)

https://www.brookings.edu/research/public-private-partnerships-in-early-childhood-development-the-role-of-publicly-funded-private-provision/

Updates from the field on costing early childhood development (Sophie Gardiner, Emily Gustafsson-Wright, Brookings)

https://www.brookings.edu/blog/education-plus-development/2016/09/22/updates-from-the-field-on-costing-early-childhood-development/

Educate Girls development impact bond could be win-win for investors and students (Sophie Gardiner, Emily Gustafsson-Wright, Brookings)

On July 5, the results from the first year of the world’s first development impact bond (DIB) for education in Rajasthan, India, were announced. The Center for Universal Education hosted a webinar in which three stakeholders in the DIB shared their perspective on the performance of the intervention, their learnings about the DIB process, and their thoughts for the future of DIBs and other results-based financing mechanisms.

http://www.brookings.edu/blogs/education-plus-development/posts/2016/07/18-educate-girls-development-impact-bond-gardiner-gustafsson-wright

What role do impact bonds have in the achievement of the Global Goals? (Emily Gustafsson-Wright, Sophie Gardiner, Brookings)

Public and private sector leaders currently face the daunting task of identifying the path to achieving the United Nation’s 17 Sustainable Development Goals(SDGs or Global Goals) within 14 years. Financing is arguably one of the most important pieces of this complex puzzle. In the last 15 years, a number of innovative financing mechanisms, which address the volume of finance, the effectiveness, or both, have been designed and implemented. Results-based financing (RBF) arrangements, in which governments or donors pay service providers contingent on outputs or outcomes, are one of the fastest growing types of innovative financing.

http://www.brookings.edu/blogs/future-development/posts/2016/07/13-role-of-impact-bonds-achieving-global-goals-gustafsson-wright-gardiner

The market makers: Local innovation and federal evolution for impact investing (Alaina J. Harkness, Emily Gustafsson-Wright, Brookings)

Announcements of new federal regulations on the use of program-related investments (PRIs) and the launch of a groundbreaking fund in Chicago are the latest signals that impact investing, once a marginal philanthropic and policy tool, is moving into the mainstream. They are also illustrative of two important and complementary paths to institutional change: fast-moving, collaborative local leadership creating innovative new instruments to meet funding demands; federal regulators updating policy to pave the way for change at scale.

http://www.brookings.edu/blogs/metropolitan-revolution/posts/2016/04/28-market-makers-harkness-gustaffson-wright

South Africa is first middle-income country to fund impact bonds for early childhood development (Sophie Gardiner, Emily Gustafsson-Wright, Brookings)

March 18 was an historic day for early childhood development (ECD) financing—the Departments of Social Development and Health of the Western Cape province of South Africa committed 25 million rand ($1.62 million) in outcome funding for three social impact bonds (SIBs) for maternal and early childhood outcomes. This is the first ever funding committed by a middle-income government for a SIB—to date no low-income country governments have participated in a SIB either—making South Africa’s choice to pioneer this new path especially exciting.

Continue reading here ...