Project: The Haiti Impact Facility
State of development: Current
Stage of development: Early stage
Type of instrument — Impact Bond: Yes; Outcomes Fund: Yes; Social Impact Incentives (SIINC): No; Social Impact Guarantee: No; Payment-by-results (no pre-financing): Yes; Technical Assistance and Market-building program: Yes; Other: 
Part of a larger outcomes-based financing program: Yes Part of a larger Outcomes Fund
Expected launch date: Q2 - 2022
Total expected project development time: 6-12 months
Expected length of project (years): 6
Project design process began: Q3-2021
Rationale for using outcome-based finance: To improve the delivery of aid in Haiti
Key challenges to launch: Lack of understanding of the model, alignment with other Donors' Policy, Set-up of structure to receive/manage funds and Co-financing/fundraising target
Role of the domestic government — Outcomes funder: Yes; Service provider: No; Member of project committee: Yes; No formal role: No; Other: 
Service providers identified and selected — Request-for-proposals: Yes; Direct contracting by outcome funder/investor/intermediary: Yes; Provider-led deal development: No; Other: 
Feasibility study: Yes
Proposed financing instruments — Debt: No; Equity: No; Guarantee: No; Grant: No; Other: 
Technical assistance grant: No — A technical assistance service contract will be awarded for the development costs of sub-projects under the Facility
Estimated maximum potential outcome payment: 15000000 USD or HTG
Social/developmental challenge: Maternal health, primary education, sanitation, employment and others
Expected intervention model: The Facility will be implemented programmatically and contain multiple pay-for-success projects in priority IDB sectors
Policy sectors — Employment and private sector development: Yes; Education: Yes; Social protection: No; Criminal justice: No; Health: Yes; Agriculture: No; Environment and climate change: Yes; Water, Sanitation and Hygiene: Yes; Energy: No; Humanitarian: No; Early Childhood Education: ; Other: 
Primary SDG goal: 1,3,4,5,6,8,10,13,17
Target population: Poor and low-income populations, vulnerable communities, youth women and other traditionally excluded groups
Targeted number of unique service users or beneficiaries: 5000
Unit type of targeted beneficiaries: Individual
Country income classification of beneficiaries — Low-income: No; Lower-middle-income: Yes; Upper-middle-income: No; High-income: No
Notes: Data for this pipeline project was last updated in April 2022
Delivery location: Haiti