493 - Development Impact Bonds—An Innovative Approach to Financing Global Public Health Projects

<p><span style="font-weight: 400;">Nonprofits or NGOs often find themselves limited by the terms of available grants, which may be insufficient or too short-term to meet certain needs. Enter development impact bonds, or investments made by a little-known government agency.</span> <strong>Dia Martin</strong><span style= "font-weight: 400;">, a managing director on the social enterprise finance team of the US International Development Finance Corporation talks with</span> <strong>Dr. Josh Sharfstein</strong> <span style="font-weight: 400;">about these bonds, and two initial projects: a cataract clinic in Cameroon and micro-enterprises for Syrian refugees in Jordan and Lebanon.</span></p>