Project
| ID | INDIGO-POJ-0291 |
|---|---|
| Impact Bond Name - (Value) | Mine Fields to Rice Fields DIB |
| Stage of Development - (Value) | Implementation |
| Stage of Development - (Source ID's) | source1 |
| Social Investment Prototype - (Value) | NO |
| Dates - Date outcomes contract signed - (Value) | 2023-03 |
| Dates - Start date of service provision - (Value) | 2023-04 |
| Dates - Anticipated end date of service provision - (Value) | 2025-03 |
| Dates - Anticipated duration of service provision - (Value) | 24 |
| Dates - (Source ID's) | source1 |
| Overall project finance - Total investment commitment - Currency - (Value) | USD |
| Overall project finance - Total investment commitment - Amount - Exact - (Value) | 410000 |
| Overall project finance - Total investment commitment - Amount USD - Exact - (Value) | 410000 |
| Overall project finance - Maximum potential outcome payment - Currency - (Value) | USD |
| Overall project finance - Maximum potential outcome payment - Amount - (Value) | 1719000 |
| Overall project finance - Maximum potential outcome payment - Amount USD - (Value) | 1719000 |
| Overall project finance - (Source ID's) | source1 |
| Purpose and classifications - Social challenge - (Value) | Hidden landmines and other explosive remnants of war |
| Purpose and classifications - Intervention - (Value) | The Mine Fields to Rice Fields DIB – the first Impact Bond in mine action – provides integrated support for landmine clearance and agricultural development in Cambodia. First, it aims to clear approx. 3.8 million sqm of land in Preah Vihear, one of the most mine-affected provinces in Cambodia, to increase safety and freedom of movement for local communities and allow farmers to make more productive use of their land. After clearance, approx. 80 farmers with land in mine-affected areas will be supported to grow organic rice through inputs, training and marketing support. The aim is to increase their net income by 20-35% over two years, thereby reducing levels of household poverty. The DIB is a two-year pilot that aims to trial the effectiveness of an Impact Bond model to better integrate two distinct activities (e.g., mine action and agricultural development support) and understand whether this model could be scaled and replicated, both in Cambodia and to other mine-affected countries. |
| Purpose and classifications - Policy sector - (Value) | Agriculture and environment |
| Purpose and classifications - (Source ID's) | source1,source2 |
| Service and beneficiaries - Target population - (Value) | Small-holder rice farmers with land in mine-affected areas |
| Service and beneficiaries - (Source ID's) | source1,source2 |
| Delivery Locations 1: Service Provision ID - (Value) | serviceprovision1 |
| Delivery Locations 1: Location - Name - (Value) | Preah Vihear |
| Delivery Locations 1: Location - Country - (Value) | KH |
| Delivery Locations 1: Lat/Lng - Lat - (Value) | 13.783333 |
| Delivery Locations 1: Lat/Lng - Lng - (Value) | 104.966667 |
| Sources 1: Id | source1 |
| Sources 1: Name - (Value) | Email correspondence with Social Finance UK on 9 May 2023. |
| Sources 1: Type - (Value) | Email correspondence |
| Sources 2: Id | source2 |
| Sources 2: Name - (Value) | A Mine Action Development Impact Bond Project in Cambodia. Press release by APOPO. Accessed June 2023. |
| Sources 2: Type - (Value) | Press release |
| Sources 2: URL - (Value) | https://apopo.org/latest/launch-of-minefields-to-rice-fields/?v=79cba1185463 |
| Sources 2: Accessed Date - (Value) | 2023-06 |
| Service Provisions 1: Id | serviceprovider1 |
| Service Provisions 1: Organisation ID - (Value) | INDIGO-ORG-1504 |
| Service Provisions 1: Planned Service - Start - (Value) | 2023-04 |
| Service Provisions 1: Planned Service - End - (Value) | 2025-03 |
| Service Provisions 1: Notes | This is the main service provider for the project. |
| Service Provisions 2: Id | serviceprovider2 |
| Service Provisions 2: Organisation ID - (Value) | INDIGO-ORG-1505 |
| Service Provisions 2: Planned Service - Start - (Value) | 2023-04 |
| Service Provisions 2: Planned Service - End - (Value) | 2025-03 |
| Service Provisions 2: Notes | This is a sub-grantee |
| Outcome Payment Commitments 1: Organisation ID - (Value) | INDIGO-ORG-0985 |
| Outcome Payment Commitments 1: Organisation Role Category - (Value) | Government/Public Sector/Public Bank |
| Investments 1: Id | investment1 |
| Investments 1: Organisation ID - (Value) | INDIGO-ORG-1506 |
| Investments 2: Id | investment2 |
| Investments 2: Organisation ID - (Value) | INDIGO-ORG-1507 |
| Investments 3: Id | investment3 |
| Investments 3: Organisation ID - (Value) | INDIGO-ORG-1508 |
| Intermediary services 1: Organisation ID - (Value) | INDIGO-ORG-0063 |
| Intermediary services 1: Organisation Role Category - (Value) | Impact bond design |
| Outcome Metrics 1: Id | outcomemetric1 |
| Outcome Metrics 1: Outcome Definition - (Value) | Mine clearance: Area of land released (sqm) through non-technical survey, technical survey, and/or clearance. |
| Outcome Metrics 2: Id | outcomemetric2 |
| Outcome Metrics 2: Outcome Definition - (Value) | Rice planting: Farmers' land in mine-affected areas used to plant organic rice seeds (Ha). |
| Outcome Metrics 3: Id | outcomemetric3 |
| Outcome Metrics 3: Outcome Definition - (Value) | Training completion: Enrolled farmers who have successfully completed training and coaching on organic rice farming practices. |
| Outcome Metrics 4: Id | outcomemetric4 |
| Outcome Metrics 4: Outcome Definition - (Value) | Net income increase: Percentage change in net income per Ha from selling rice, in comparison to baseline results. |