USAID: The Maternal and Newborn Health Development Impact Bond
“The Utkrisht Impact Bond — so named for the Hindi expression for ‘Excellence’ — is the world’s first health impact bond. It was developed by partners including USAID, Merck for Mothers, the UBS Optimus Foundation, PSI, Palladium, and HLFPPT. … This partnership will reach up to 600,000 pregnant women with improved care during delivery and save as many as 10,000 lives over a five-year period by improving the quality of private health care facilities that support a region of 75 million people…” (November 2017).