Learning Objectives Understand what outcome bonds (OBs) are and why they exist. Differentiate between Social Impact Bonds (SIBs) and Development Impact Bonds (DIBs). Explore the theoretical underpinnings and historical evolution of pay-for-success models.

Learning Objectives Identify the main actors involved in an OB. Understand each stakeholder’s motivations, risk appetite, and expected returns. Explore the role of intermediaries and outcome payers in structuring deals.

Learning Objectives Understand the contractual framework behind OBs. Learn how to structure payments tied to performance milestones. Explore risk mitigation tools and legal considerations.

Learning Objectives Analyze successful and failed OB implementations across different sectors. Learn best practices and pitfalls directly from real-world evidence. Understand geographical and sectoral nuances in OB deployment.

Learning Objectives Critically examine common criticisms of OBs. Discuss transaction costs, complexity, and the potential for unintended consequences. Explore the evolving landscape, including policy and market trends.

Learning Objectives Synthesize and apply knowledge gained throughout the course. Demonstrate the ability to design and articulate an outcome bond proposal. Reflect on learning journey and discuss next steps in OB innovation.