Those who attended the financing for development session at last May's Conference will have heard about development impact bonds, among other mechanisms. Covergence, which provided one of the speakers, has announced a new grant for a feasibility study to Kois Invest to explore a development impact bond that will fund a number of interventions aimed at improving the welfare of Syrian refugees in cooperation with neighboring host countries. The development impact bond will prioritize interventions such as vocational training, entrepreneurial support, and language skills that are demand-driven, effective, and scalable. Kois Invest will evaluate Lebanon, Jordan, Turkey, Iraq, Yemen, Syria, and Gulf countries as part of the study.
https://convergence.finance/design-funding/grantee-detail/tQTqUn9XSoiKsY...