Development Impact Bonds (DIBs) are innovative financing mechanisms where private investors provide upfront capital to fund social programs. Returns on investment are contingent on achieving predetermined social outcomes, with governments or other outcome payers reimbursing investors if targets are met.

Development Impact Bonds (DIBs) are important because they imply a results-based approach that encourages efficient, accountable ways of tackling big issues like education and healthcare, attracting new funding sources and ideas to make a significant impact.

This resource provides an overview of Development Impact Bonds (DIBs).It covers:

1. An introduction to Development Impact Bonds (DIBs)
2. Understanding of how DIBs work and how they are different from Social Impact Bonds
3. Understanding of when to use DIBs

Organisation leadership or anyone who is interested in understanding the basics of DIB can use this resource.