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Host Institution of Outcome Fund

Departamento de Prosperidad Social (Government of Colombia Department of Social Prosperity)

[INDIGO-ORG-1052]

Purpose

The Colombian Outcomes Fund aims to increase employment in the formal sector in Colombia through outcomes-based commissioning

Mechanism

The Colombian Outcomes Fund aims to increase employment by exploring payment by results and impact bond financing mechanisms. The fund invites intermediary organisations to identify and work with service providers and investors to develop project proposals.
Aligned SDGs
Total outcome fund (aspiration)

17.56b COP

(5.29m USD)

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