Utkrisht Bond Holds Potential For Results-Based Financing

By Ranajoy Basu (March 9, 2018, 3:29 PM EST) -- Investing to seek both a financial return and social impact has become increasingly popular. The current trend of social impact investing challenges the view that philanthropic endeavors and seeking financial returns are mutually exclusive. The "development impact bond" (a DIB) is seen as a complementary source of development aid, rather than as a rival, that can attract new sources of finance to bridge between the huge demand for resources needed to achieve the UN sustainable development goals....

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