Gavi the Vaccine Alliance (Gavi) is a public-private partnership that was created as an alliance between the World Health Organization (WHO), UNICEF and the Bill & Melinda Gates Foundation among others, to provide vital vaccines to children in the poorest countries of the world.1 Since its inception, Gavi has helped immunize more than 580 million…
Tag: Social impact bonds
Do Social Impact Bonds Still Have Promise?
The government’s new experimental program seeks to encourage investors to finance social programs in a manner similar to they way they finance a business venture. These new “Pay for Success” programs, also known as social impact bonds, encourage private sector investors to finance social programs they believe will be successful. If the program achieves measurable…