Accelerating Funding
for Results
What is the Outcomes Accelerator?
The Outcomes Accelerator is a public-private, global initiative created to accelerate more effective testing, scaling and mainstreaming of outcomes-based financing approaches in the delivery of SDG impact. The Outcomes Accelerator works with stakeholders across the outcomes-based financing ecosystem - governments, development agencies, investors, services providers, intermediaries, and corporates.
The Outcomes Accelerator was conceived out of the Outcomes Finance Alliance (OFA) to address the key barriers impeding the market and catalyze the market’s capacity to translate learning into replication and scaling of impact.
Key Services Offered
The Outcomes Accelerator Solution
The Outcomes Accelerator will offer three core products and services to partners to build the market:
Pipeline Acceleration
Provide seed funding, expertise and match making to support the design and incubation of outcomes based finance instruments and programs
Market Facilitation
Address systemic barriers to wider adoption and mainstreaming of outcomes approaches in support of the SDGs by promoting activities and collaborations that support, shape, influence, and enable the launch of high-quality transactions
Capacity Creation
Promote access to technical assistance, expertise, systematize operational learnings and best practices in partnership with existing knowledge hubs.
Targeting Barriers to Scale
The barriers the Accelerator will help address include:
- Funding -- Fragmented funding lanscape, inadequate pipeline and lack of access to seed funding for early stage concept development
- Information -- Small body of evidence on value-for-money of instruments vs. other instruments; no common learning agenda
- Skills & capacity -- Limited expertise inside commissioning organizatons; policies, systems, and processes not designed for OBF
- Collective action -- No platforms to coordinate priorities and test instruments at scale
Targeting Barriers to Scale
The Outcomes Accelerator was conceived by address the key barriers impeding the market and catalyze the market’s capacity to translate learning from pilots into replication and scaling of impact.
Despite this growing interest outcomes-based financing approaches, the ecosystem remains in an early-learning phase.
Most transactions are a first-of-a-kind demonstration projects, often in a specific theme or geography, with long lead times. Outcomes payers, service providers and investors confront steep learning curves as parties gain experience. Donor agencies and domestic governments in developing countries remain constrained by low capacity, limited access to the skills and expertise and a range of institutional barriers and cultural disincentives that limit that testing and use of outcomes-based approaches.
Funders
Accelerator Manager:
