Climate Finance and Results-Based Financing

Results-Based Financing (RBF) instruments demonstrate strong potential to deliver on several key objectives of the Paris Agreement, such as advancing the monitoring of emission reductions; enhancing national policies, strategies, regulations, and plans for climate action.
GPOBA is a global partnership program in the World Bank Group. Through a diverse portfolio of projects, GPOBA funds, designs, demonstrates and documents output-based aid approaches (OBA) to improve the delivery of basic services in  developing  countries. Large development projects too often fail to include the very poor, and GPOBA is dedicated to making sure the poor and marginalized  have access to  electricity, water, sanitation, health care, education and other basic services necessary for growth and opportunity.
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Highlights

RBF/OBA and PPPs  

Expanding infrastructure and improving basic services is universally recognized as an essential element of economic growth and poverty reduction. It is also recognized that private sector financing is needed to address the infrastructure financing gap as reflected in the Sustainable Development Goals (SDGs).

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Newsletter

Vol. 4, No. 11 / OBA Connections 

This edition of OBA Connections focuses on the design and implementation of RBF/OBA in climate-friendly projects to help meet UN SDG13. We feature a World Bank report on RBF in Climate Finance projects (to which GPOBA contributed),  details on a webinar to discuss RBF as a development tool for climate-change mitigation projects, an on-going  e-Discussion on Climate Resilience and Disaster Risk Management, and the introduction of an RBF Climate Platform as a knowledge resource.  
 

What’s New

Publications on Infrastructure and Uganda Grid-Based Power

The "Lessons Learned" issue on GPOBA's project to bring electricity to rural Uganda via an OBA facility and the recently published OBApproaches on infrastructure are now available (see "Publications" below).