Pipeline
| ID | INDIGO-PL-0057 |
|---|---|
| Project Name - (Value) | The Haiti Impact Facility |
| Contact - Name - (Value) | Jean Emmanuel Desmornes |
| Contact - Email - (Value) | jdesmornes@iadb.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 |
| Type of instrument and project - Impact Bond - (Value) | Yes |
| 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) | Yes |
| Type of instrument and project - Technical Assistance and Market-building program (Must involve dedicated grant resources) - (Value) | Yes |
| (Source ID's) | source1 |
| Part of a larger outcomes-based financing program? - Part of a larger outcomes-based financing program? - (Value) | Yes |
| Part of a larger outcomes-based financing program? - Details - (Value) | Part of a larger Outcomes Fund |
| Part of a larger outcomes-based financing program? - (Source ID's) | source1 |
| Dates - Expected Launch Date - (Value) | Q2 - 2022 |
| Dates - Total expected project development time - (Value) | 6-12 months |
| Dates - Expected length of project (years) - (Value) | 6 |
| Dates - Project design process began - (Value) | Q3-2021 |
| Dates - (Source ID's) | source1 |
| Dates - (Notes) | 6 years to 5 to 10 sub-projects |
| Rationale for using outcome based finance - (Value) | To improve the delivery of aid in Haiti |
| (Source ID's) | source1 |
| Key challenges to launch - (Value) | Lack of understanding of the model, alignment with other Donors' Policy, Set-up of structure to receive/manage funds and Co-financing/fundraising target |
| (Source ID's) | source1 |
| Role of the domestic government - Outcomes funder - (Value) | Yes |
| 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 |
| Service providers identified and selected - Request-for-proposals - (Value) | Yes |
| Service providers identified and selected - Direct contracting by outcome funder/investor/intermediary - (Value) | Yes |
| Service providers identified and selected - Provider-led deal development - (Value) | No |
| (Source ID's) | source1 |
| Feasibility study - (Value) | Yes |
| (Source ID's) | source1 |
| (Notes) | Levoca completed the scoping study |
| Proposed financing instruments - Debt - (Value) | No |
| Proposed financing instruments - Equity - (Value) | No |
| Proposed financing instruments - Guarantee - (Value) | No |
| Proposed financing instruments - Grant - (Value) | No |
| (Source ID's) | source1 |
| Technical assistance grant - Technical assistance grant - (Value) | No |
| Technical assistance grant - Details - (Value) | A technical assistance service contract will be awarded for the development costs of sub-projects under the Facility |
| Technical assistance grant - (Source ID's) | source1 |
| Overall project finance - Estimated Maximum potential outcome payment - Currency - (Value) | USD or HTG |
| Overall project finance - Estimated Maximum potential outcome payment - Amount - (Value) | 15000000 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social/Developmental challenge - (Value) | Maternal health, primary education, sanitation, employment and others |
| Purpose and classifications - Expected intervention model - (Value) | The Facility will be implemented programmatically and contain multiple pay-for-success projects in priority IDB sectors |
| 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) | Yes |
| Purpose and classifications - Policy sector - Agriculture - (Value) | No |
| Purpose and classifications - Policy sector - Environment and climate change - (Value) | Yes |
| Purpose and classifications - Policy sector - Water, Sanitation and Hygiene - (Value) | Yes |
| Purpose and classifications - Policy sector - Energy - (Value) | No |
| Purpose and classifications - Policy sector - Humanitarian - (Value) | No |
| Purpose and classifications - Primary SDG goal - (Value) | 1,3,4,5,6,8,10,13,17 |
| Purpose and classifications - (Source ID's) | source1 |
| Service users and beneficiaries - Target population - (Value) | Poor and low-income populations, vulnerable communities, youth women and other traditionally excluded groups |
| Service users and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value) | 5000 |
| 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 April 2022 |
| Delivery Locations 1: Location - Name - (Value) | Haiti |
| Delivery Locations 1: Location - Country - (Value) | HT |
| Service Provisions 1: Notes | TBD |
| Outcome Payment Commitments 1: Notes | IDB and National Government |
| Investments 1: Notes | TBD |
| Intermediary services 1: Organisation Role Category - (Value) | Other |
| Intermediary services 1: Notes | Evaluator - TBD |
| Intermediary services 2: Organisation Role Category - (Value) | Other |
| Intermediary services 2: Notes | Advisor - TBD |
| Outcome Metrics 1: Outcome Definition - (Value) | TBD |
| Outcome Metrics 1: Outcome validation Method - (Value) | TBD |