Authors: Kay Lau
Publication Date: 2019
This case study was produced as part of the independent evaluation of the Department for International Development's Development Impact Bond Pilot Programme.
The report covers the ICRC Humanitarian Impact Bond for Physical Rehabilitation, which funds the building of three new physical rehabilitation centres in Mali, Nigeria and Democratic Republic of Congo (DRC). As a part of the HIB, ICRC is also piloting efficiency improvement measures testing and building a Digital Centre Management System (DCMS).
The report focuses on the Humanitarian Impact Bond (HIB) model and early successes and lessons learned during the design and set up phase of the HIB. It summarises findings from consultations undertaken as part of the DFID commissioned independent evaluation of the DIBs pilot programme. Consultations were undertaken between July-November 2018 with the main stakeholders involved in the design and set up of the HIB. This included the service provider, outcome funder, investors, and advisor.