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This case study was produced as part of the independent evaluation of FCDO's Development Impact Bond Pilot Programme.

This case study report focuses on the model and early successes and lessons learned during the design, set up and early implementation of the Quality Education India Development Impact Bond (QEI DIB). The report summarises findings from consultations completed during two research waves: the first wave of research was conducted between July and October 2018 and the second wave was conducted between December 2019 and July 2020. Consultations were conducted with key stakeholders involved in the DIB, including outcomefunders, investors, service providers and intermediaries.

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