A group of global philanthropic foundations, including UBS Optimus Foundation, British Asian Trust, Michael & Susan Dell Foundation, and Tata Trust have announced a Development Impact Bond (DIB) worth $11 million.
Context
A group of global philanthropic foundations, including UBS Optimus Foundation, British Asian Trust, Michael & Susan Dell Foundation, and Tata Trust have announced a Development Impact Bond (DIB) worth $11 million.
About
Development Impact Bonds (DIBs)
How it works?
DIB in India:
Other such DIBs in India:
Benefits:
Significance
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