Project

IDINDIGO-POJ-0225
Impact Bond Name - (Value)Increasing the number of citizens involved in assessing their health status and creating conditions for additional supply of medicines
Stage of Development - (Value)Implementation
Social Investment Prototype - (Value)NO
Dates - Date outcomes contract signed - (Value)2020-12
Dates - Date contracts between all parties signed - (Value)2021-02
Dates - Anticipated completion date - (Value)2022-01
Dates - Actual completion date - (Value)2022-01
Dates - Start date of service provision - (Value)2021-02
Dates - Anticipated end date of service provision - (Value)2022-01
Dates - Actual end date of service provision - (Value)2022-01
Dates - (Source ID's)source2, source1
Dates - (Notes)In this case, the main parameters of the contract, such as social effects, outcome metrics, target beneficiares, start and end date of service provision, investment and outcome payments were set in the regional government legal act (source2), which is considered as an outcomes contract. After the signing of the regional legal act, all other contracts are signed between the project participants.
Overall project finance - Total investment commitment - Currency - (Value)Russian Ruble
Overall project finance - Total investment commitment - Amount - Min - (Value)36172446
Overall project finance - Total investment commitment - Amount USD - Min - (Value)478454.4202786409
Overall project finance - Maximum potential outcome payment - Currency - (Value)Russian Ruble
Overall project finance - Maximum potential outcome payment - Amount - (Value)36172446
Overall project finance - Maximum potential outcome payment - Amount USD - (Value)478454.4202786409
Overall project finance - Maximum potential loss - (Value)1
Overall project finance - (Source ID's)source2
Purpose and classifications - Social challenge - (Value)In Primorsky Krai - Russian Region located on the Far East of the country - part of the population lives in remote areas with low availability of social and health infrastructure. The project is aimed at solving these challenges: the difficulties of citizens living in remote areas of Primorskiy Krai to obtain medicines. Doctors who prescribed these medicines cannot systematically monitor the health status of citizens in remote areas for timely medical intervention or adjust prescriptions. In remote areas, it is especially important to systematically monitor the health status of citizens due to the lack of accessibility to healthcare facilities. Increasing involvement in prophylactic medical examinations is an important step towards disease prevention.
Purpose and classifications - Intervention - (Value)Russian Post, the national postal operator of Russia, has a large chain of post offices, which are located even in the smallest settlements and are trusted by local residents. Using the resource of their postmen, Russian Post performs the following activities: - delivers medicines to citizens living in remote areas of Primorskiy Krai, which have the right to social assistance; - transfers information about the state of health of citizens who received medicines to a medical organization; - informs the population about the possibilities and advantages of medical examination.
Purpose and classifications - Policy sector - (Value)Health
Purpose and classifications - Primary SDG goal - (Value)3
Purpose and classifications - (Source ID's)source3
Service and beneficiaries - Target population - (Value)Citizens living in remote areas of Primorskiy Krai (9 municipalities), which: group 1: are included in the group of citizens subject to medical examination in the corresponding year (4000) group 2: have the right to public social assistance, which provides for the mandatory provision of medicines (5452)
Service and beneficiaries - Targeted number of unique service users or beneficiaries (total) - (Value)9452
Service and beneficiaries - Unit type of targeted service users or beneficiaries - (Value)Individual
Service and beneficiaries - (Source ID's)source2
Changes to project due to COVID-19 - (Value)Continue on outcomes contract with variations
Changes to project due to COVID-19 - (Source ID's)source2
Delivery Locations 1: Service Provision ID - (Value)serviceprovision1
Delivery Locations 1: Location - Name - (Value)Kavalerovsky municipal district of Primorskiy krai
Delivery Locations 1: Location - Country - (Value)RU
Delivery Locations 1: Lat/Lng - Lat - (Value)44.380415
Delivery Locations 1: Lat/Lng - Lng - (Value)135.146693
Delivery Locations 1: Adminstrative geography - Name - (Value)Kavalerovsky municipal district of Primorskiy krai
Delivery Locations 2: Service Provision ID - (Value)serviceprovision2
Delivery Locations 2: Location - Name - (Value)Chuguevsky municipal district of Primorskiy krai
Delivery Locations 2: Location - Country - (Value)RU
Delivery Locations 2: Lat/Lng - Lat - (Value)44.303938
Delivery Locations 2: Lat/Lng - Lng - (Value)134.201575
Delivery Locations 2: Adminstrative geography - Name - (Value)Chuguevsky municipal district of Primorskiy krai
Delivery Locations 3: Service Provision ID - (Value)serviceprovision3
Delivery Locations 3: Location - Name - (Value)Yakovlevsky municipal district of Primorskiy krai
Delivery Locations 3: Location - Country - (Value)RU
Delivery Locations 3: Lat/Lng - Lat - (Value)44.433728
Delivery Locations 3: Lat/Lng - Lng - (Value)133.543263
Delivery Locations 3: Adminstrative geography - Name - (Value)Yakovlevsky municipal district of Primorskiy krai
Delivery Locations 4: Service Provision ID - (Value)serviceprovision4
Delivery Locations 4: Location - Name - (Value)The city of Dalnegorsk city of Primorskiy krai
Delivery Locations 4: Location - Country - (Value)RU
Delivery Locations 4: Lat/Lng - Lat - (Value)44.558764
Delivery Locations 4: Lat/Lng - Lng - (Value)135.576366
Delivery Locations 4: Adminstrative geography - Name - (Value)The city of Dalnegorsk of Primorskiy krai
Delivery Locations 5: Service Provision ID - (Value)serviceprovision5
Delivery Locations 5: Location - Name - (Value)Anuchinskiy municipal district of Primorskiy krai
Delivery Locations 5: Location - Country - (Value)RU
Delivery Locations 5: Lat/Lng - Lat - (Value)43.867816
Delivery Locations 5: Lat/Lng - Lng - (Value)133.078295
Delivery Locations 5: Adminstrative geography - Name - (Value)Anuchinskiy municipal district of Primorskiy krai
Delivery Locations 6: Service Provision ID - (Value)serviceprovision6
Delivery Locations 6: Location - Name - (Value)The city of Arsen'yev of Primorskiy krai
Delivery Locations 6: Location - Country - (Value)RU
Delivery Locations 6: Lat/Lng - Lat - (Value)44.163345
Delivery Locations 6: Lat/Lng - Lng - (Value)133.268729
Delivery Locations 6: Adminstrative geography - Name - (Value)The city of Arsen'yev of Primorskiy krai
Delivery Locations 7: Service Provision ID - (Value)serviceprovision7
Delivery Locations 7: Location - Name - (Value)Lesozavodskiy urban district of Primorskiy krai
Delivery Locations 7: Location - Country - (Value)RU
Delivery Locations 7: Lat/Lng - Lat - (Value)45.459947
Delivery Locations 7: Lat/Lng - Lng - (Value)133.599255
Delivery Locations 7: Adminstrative geography - Name - (Value)Lesozavodskiy urban district of Primorskiy krai
Delivery Locations 8: Service Provision ID - (Value)serviceprovision8
Delivery Locations 8: Location - Name - (Value)The city of Dalnerechensk city of Primorskiy krai
Delivery Locations 8: Location - Country - (Value)RU
Delivery Locations 8: Lat/Lng - Lat - (Value)45.930856
Delivery Locations 8: Lat/Lng - Lng - (Value)133.731747
Delivery Locations 8: Adminstrative geography - Name - (Value)The city of Dalnerechensk city of Primorskiy krai
Delivery Locations 9: Service Provision ID - (Value)serviceprovision9
Delivery Locations 9: Location - Name - (Value)Krasnoarmeyskiy municipal district of Primorskiy krai
Delivery Locations 9: Location - Country - (Value)RU
Delivery Locations 9: Lat/Lng - Lat - (Value)45.827556
Delivery Locations 9: Lat/Lng - Lng - (Value)135.533525
Delivery Locations 9: Adminstrative geography - Name - (Value)Krasnoarmeyskiy municipal district of Primorskiy krai
Sources 1: Idsource1
Sources 1: Name - (Value)Information about the project on the official web-site of VEB.RF
Sources 1: Type - (Value)Website
Sources 1: URL - (Value)https://вэб.рф/ustojchivoe-razvitie/socialnoe-finansirovanie-test/socialnye-proekty/project-02/index.php?sphrase_id=76080
Sources 1: Publication Date - (Value)2021
Sources 2: Idsource2
Sources 2: Name - (Value)Decree of the Government of the Primorsky Krai of 12/18/2020 No. 1049-pp "On the implementation in the Primorsky Krai of the social impact project in the field of health of the population". Official Internet portal of legal information
Sources 2: Type - (Value)Contract
Sources 2: URL - (Value)http://publication.pravo.gov.ru/Document/View/2501202012220034
Sources 2: Publication Date - (Value)2020
Sources 3: Idsource3
Sources 3: Name - (Value)VEB.RF SUSTAINABLE DEVELOPMENT REPORT 2020
Sources 3: Type - (Value)Report
Sources 3: URL - (Value)https://xn--90ab5f.xn--p1ai/files/?file=b4bea3b59d367cfd28864135d776cf98.pdf
Sources 3: Publication Date - (Value)2021
Sources 4: Idsource4
Sources 4: Name - (Value)Decree of the Government of the Russian Federation of November 21, 2019 No. 1491 "On the organization of pilot testing of social impact projects by the constituent entities of the Russian Federation in 2019 - 2024". Official Internet portal of legal information
Sources 4: Type - (Value)Website
Sources 4: URL - (Value)http://publication.pravo.gov.ru/Document/View/0001201911290005
Sources 4: Publication Date - (Value)2019
Outcome Payment Commitments 1: Organisation ID - (Value)INDIGO-ORG-1264
Outcome Payment Commitments 1: Organisation Role Category - (Value)Government/Public Sector/Public Bank
Outcome Payment Commitments 1: Maximum potential Outcome payment - Currency - (Value)Russian Ruble
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount - (Value)36172446
Outcome Payment Commitments 1: Maximum potential Outcome payment - Amount USD - (Value)478454.4202786409
Investments 1: IdInvestments1
Investments 1: Organisation ID - (Value)INDIGO-ORG-1262
Investments 1: Organisation Role Category - (Value)Government/Public Sector/Public Bank
Investments 1: Investment Commitment - Currency - (Value)Russian Ruble
Investments 1: Investment Commitment - Amount - Min - (Value)36172446
Investments 1: Investment Commitment - Amount USD - Min - (Value)478454.4202786409
Investments 1: Maximum Potential loss - (Value)1
Intermediary services 1: Organisation ID - (Value)INDIGO-ORG-0525
Intermediary services 1: Organisation Role Category - (Value)Other
Intermediary services 1: Other Role Description - (Value)VEB.FR acted as operator, doing consulting support, monitoring of project implementation, ensuring an independent assessment of the achievement of social effect, checking compliance with the conditions and goals of the implementation of the grant agreement concluded between the authorized body and the project organizer.
Intermediary services 1: NotesConsulting support from case to case includes Impact bond design, Financial and commercial modeling, Capital raise, developing Performance management indicators, Legal counsel, Technical assistance.
Outcome Metrics 1: Idoutcomemetric1
Outcome Metrics 1: Outcome Definition - (Value)The number of citizens who came to the prophylactic medical examination.
Outcome Metrics 1: Target Population - (Value)Citizens living in remote areas of Primorskiy Krai (9 municipalities), which are included in the group of citizens subject to medical examination in the corresponding year.
Outcome Metrics 1: Targeted number of service users Or beneficiaries (total) - (Value)4000
Outcome Metrics 1: Unit type of targeted Service users or beneficiaries - (Value)Individual
Outcome Metrics 1: Outcome metric target - (Value)60% of target users
Outcome Metrics 1: Outcome validation Method - (Value)Simple Ex-post verification
Outcome Metrics 1: Data source for Outcome validation - (Value)Existing administrative data
Outcome Metrics 1: Policy sector - (Value)Health
Outcome Metrics 1: Primary SDG goal - (Value)3
Outcome Metrics 1: Primary SDG target - (Value)3.8
Outcome Metrics 2: Idoutcomemetric2
Outcome Metrics 2: Outcome Definition - (Value)The number of citizens who gave their consent to participate in the project, who received the mandatory provision of medicines at home.
Outcome Metrics 2: Target Population - (Value)Citizens living in remote areas of Primorskiy Krai (9 municipalities), which have the right to public social assistance, which takes care of the mandatory provision of medicines.
Outcome Metrics 2: Targeted number of service users Or beneficiaries (total) - (Value)5452
Outcome Metrics 2: Unit type of targeted Service users or beneficiaries - (Value)Individual
Outcome Metrics 2: Outcome metric target - (Value)90% of target users
Outcome Metrics 2: Outcome validation Method - (Value)Simple Ex-post verification
Outcome Metrics 2: Data source for Outcome validation - (Value)New data collected
Outcome Metrics 2: Policy sector - (Value)Health
Outcome Metrics 2: Primary SDG goal - (Value)3
Outcome Metrics 2: Primary SDG target - (Value)3.8
Outcome Metrics 3: Idoutcomemetric3
Outcome Metrics 3: Outcome Definition - (Value)The number of citizens who received the mandatory provision of medicines at home, who have transmitted information about their health status to a medical organization.
Outcome Metrics 3: Target Population - (Value)Citizens living in remote areas of Primorskiy Krai (9 municipalities), which have the right to public social assistance, which takes care of the mandatory provision of medicines.
Outcome Metrics 3: Targeted number of service users Or beneficiaries (total) - (Value)5452
Outcome Metrics 3: Unit type of targeted Service users or beneficiaries - (Value)Individual
Outcome Metrics 3: Outcome metric target - (Value)90% of target users
Outcome Metrics 3: Outcome validation Method - (Value)Simple Ex-post verification
Outcome Metrics 3: Data source for Outcome validation - (Value)New data collected
Outcome Metrics 3: Policy sector - (Value)Health
Outcome Metrics 3: Primary SDG goal - (Value)3
Outcome Metrics 3: Primary SDG target - (Value)3.8

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