When: Tuesday, July 5, 2016, 10:00 — 11:00 AM EDT
Where: WebEx - Login information will be emailed to registrants on July 1.
On July 5, the Center for Universal Education at Brookings invites you to join the partners of the world’s first development impact bond for education in a discussion of the first year’s enrollment and learning results. The impact bond provides financing for Educate Girls, a non-profit that aims to increase enrollment for out-of-school girls and improve learning outcomes for girls and boys in Rajasthan, India. The UBS Optimus Foundation has provided upfront risk capital to Educate Girls and, contingent on program targets being met, will be paid back their principal plus a return by the Children's Investment Fund Foundation. Instiglio, a non-profit organization specializing in results-based financing mechanisms, serves as the program intermediary.
The webinar will also explore the experiences so far, the factors affecting the initial results, the key learnings, and ways these will inform the development of the programs it moves forward. In what promises to be a lively debate the partners will share both positive and negative learnings to start a transparent discussion of the model and where, and how, it can be most effective.
Chaired by Emily Gustafsson-Wright, a fellow at the Center for Universal Education, the discussion will feature Safeena Husain of Educate Girls, Phyllis Costanza of UBS Optimus Foundation, and Avnish Gungadurdoss of Instiglio. For further background on impact bonds as a financing mechanism for education and early childhood development in low- and middle-income countries, please see the Center for Universal Education’s report.
*Please note that this event is available via webinar only and registration is required for participation. This event cannot be attended in person. Presentation slides will be displayed on screen and will be available for download after the event.