Pipeline
| ID | INDIGO-PL-0038 |
|---|---|
| Project Name - (Value) | Youth and Young Women’s Livelihoods (YYWL) Fund |
| Contact - Name - (Value) | Susan Handrigan (Canada World Youth) |
| Contact - Email - (Value) | shandrigan@cwy-jcm.org |
| State of Development - (Value) | Current |
| State of Development - (Source ID's) | source1 |
| Stage of Development - (Value) | Early stage |
| Stage of Development - (Source ID's) | source1 |
| Stage of Development - (Notes) | Feasibility Study conducted in 2018. Currently finalising a Scoping and Marketing study with the objective to confirm service providers’ interest in participating to the DIB and secure expressions of interest from a pool of potential outcome funders and investors. Structuring phase expected to start in Q2-Q3 2022 – fundraising for the structuring costs ongoing. |
| Type of instrument and project - Impact Bond - (Value) | No |
| Type of instrument and project - Outcomes Fund - (Value) | Yes |
| Type of instrument and project - Social Impact Incentives (SIINC) - (Value) | No |
| Type of instrument and project - Social Impact Guarantee - (Value) | No |
| Type of instrument and project - Payment-by-results (no pre-financing) - (Value) | No |
| Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value) | No |
| (Source ID's) | source1 |
| Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value) | No |
| Part of a larger outcomes-based financing program? - (Source ID's) | source1 |
| Dates - Expected Launch Date - (Value) | Q2 - 2023 or later |
| Dates - Total expected project development time - (Value) | 12-24 months |
| Dates - Expected length of project (years) - (Value) | 4 |
| Dates - Project design process began - (Value) | Q4 2021 |
| Dates - (Source ID's) | source1 |
| Rationale for using outcome based finance - (Value) | Clear outcomes identified to finance these interventions through a DIB, will to strengthen service’s providers capabilities in delivering in the context of a RBF mechanism |
| (Source ID's) | source1 |
| Key challenges to launch - (Value) | Securing outcome funding in a post-pandemic context |
| (Source ID's) | source1 |
| Role of the domestic government - Outcomes funder - (Value) | No |
| Role of the domestic government - Service provider - (Value) | No |
| Role of the domestic government - Member of project committee - (Value) | Yes |
| Role of the domestic government - No formal role - (Value) | No |
| (Source ID's) | source1 |
| (Notes) | Domestic governments will be consulted to ensure alignment of interventions with national priorities and will be engaged to design the exit strategy and ensure a sustained impact of the interventions |
| Service providers identified and selected - Request-for-proposals - (Value) | No |
| Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value) | No |
| Service providers identified and selected - Provider-led deal development - (Value) | No |
| Service providers identified and selected - Other - (Value) | N/A |
| (Source ID's) | source1 |
| (Notes) | n/a – service providers to be selected during the structuring phase. |
| Feasibility study - (Value) | Yes |
| (Source ID's) | source1 |
| Proposed financing instruments - Debt - (Value) | Yes |
| Proposed financing instruments - Equity - (Value) | No |
| Proposed financing instruments - Guarantee - (Value) | No |
| Proposed financing instruments - Grant - (Value) | Yes |
| (Source ID's) | source1 |
| Technical assistance grant - Technical assistance grant - (Value) | No |
| Technical assistance grant - Details - (Value) | TBD |
| Technical assistance grant - (Source ID's) | source1 |
| Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value) | 1500000 |
| Overall project finance - (Source ID's) | source1 |
| Overall project finance - (Notes) | USD$5-15m funding requirement estimated during the feasibility study per country |
| Purpose and classifications - Social/Developmental challenge - (Value) | The analysis of Senegal’s and Tanzania’s socio-economic contexts showed a mismatch between available skills and job market needs as well as the vulnerability of the youth and particularly young women when it comes to unemployment or decent employment. The development of both vocational training to equip young people with adequate competencies and entrepreneurial skills stands out among the main priorities identified in both countries. Access to capital for the youth and young women is also a key issue identified. |
| Purpose and classifications - Expected intervention model - (Value) | Feasibility study confirmed the relevance of 5 types of interventions: life-skills development, vocational training, support to entrepreneurship, job placement services and financial inclusion. Intervention model to be further defined around at least one of these categories in collaboration with the selected service provider(s) during the strucuturing phase. |
| Purpose and classifications - Policy sector - Employment and private sector development - (Value) | Yes |
| Purpose and classifications - Policy sector - Education - (Value) | Yes |
| Purpose and classifications - Policy sector - Social protection - (Value) | No |
| Purpose and classifications - Policy sector - Criminal justice - (Value) | No |
| Purpose and classifications - Policy sector - Health - (Value) | No |
| Purpose and classifications - Policy sector - Agriculture - (Value) | No |
| Purpose and classifications - Policy sector - Environment and climate change - (Value) | No |
| Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value) | No |
| Purpose and classifications - Policy sector - Energy - (Value) | No |
| Purpose and classifications - Policy sector - Humanitarian - (Value) | No |
| Purpose and classifications - Policy sector - Other - (Value) | Other: Gender |
| Purpose and classifications - Secondary SDG goals - (Value) | 4,5,8,13 |
| Purpose and classifications - (Source ID's) | source1 |
| Service users and beneficiaries - Target population - (Value) | Young people aged 15 to 35 years old with a specific focus on young women |
| Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | TBD during the structuring phase |
| Service users and beneficiaries - Unit type of targeted service users or beneficiaries - (Value) | Individual |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Low-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Lower-middle-income - (Value) | Yes |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - Upper-middle-income - (Value) | No |
| Service users and beneficiaries - Country Classification of Service and beneficiaries - High-income - (Value) | No |
| Service users and beneficiaries - (Source ID's) | source1 |
| Notes - (Value) | Data for this pipeline project was last updated in September 2022 |
| Delivery Locations 1: Location - Name - (Value) | Senegal |
| Delivery Locations 1: Location - Country - (Value) | SN |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 14.4974 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 14.4524 |
| Delivery Locations 2: Location - Name - (Value) | Tanzania |
| Delivery Locations 2: Location - Country - (Value) | TZ |
| Delivery Locations 2: Lat/Lng - Lat - (Value) | 6.369 |
| Delivery Locations 2: Lat/Lng - Lng - (Value) | 34.8888 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Data shared by key stakeholders of the project through March 2022 Levoca questionnaire |
| Service Provisions 1: Notes | TBD |
| Outcome Payment Commitments 1: Notes | TBD (potentially Global Affairs Canada) |
| Investments 1: Notes | TBD |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Notes | Advisor - KOIS |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Notes | Other - Canada World Youth |
| Outcome Metrics 1: Outcome Definition - (Value) | TBD (potentially around increased livelihoods, micro-enterprise creation, job placements) |
| Outcome Metrics 1: Outcome validation Method - (Value) | TBD |
| Outcome Metrics 1: Notes | TBD during the structuring phase |