Sevilla, Spain – July 3, 2025 – A coalition of leading governments and private sector organizations today announced a major global initiative to expand the use of outcomes-based financing (OBF) to drive measurable progress on the Sustainable Development Goals (SDGs) through the scaling of the Outcomes Accelerator and the Outcomes Finance Alliance. Unveiled as part of the Sevilla Platform for Action at the Fourth International Conference on Financing for Development (FfD4), the initiative marks an ambitious new chapter for the Outcomes Accelerator and the Outcomes Finance Alliance (OFA) — a global public-private platform to enhance the impact and accountability of development finance by tying funding to verified results.
The launch also marks the beginning of the implementation of the OECD Global Guidance and Principles on Outcomes-Based Finance, a comprehensive framework designed to help governments, donors, and investors integrate OBF into financing strategies.
The initiative is jointly supported by the Governments of Colombia, Kenya, and Switzerland (SECO); the OECD, the UBS Optimus Foundation, and Levoca, LLC; and is backed by endorsements from the Governments of South Africa and the United Kingdom (FCDO), and Grand Challenges Canada.
“This platform reflects a shared commitment to deliver not just more development finance, but better finance — that is more catalytic, more accountable, and more focused on real-world impact,” the supporting partners said in a joint statement at the high level public-private roundtable where the initiative was launched in Sevilla.
“FfD4 is a pivotal moment to shift global focus from how much is spent to how well it delivers. Outcomes-based financing aligns diverse actors behind a common goal: results that improve lives,” said Ambassador Patricia Danzi, Director General of the Swiss Agency for Development and Cooperation (SDC) in her remarks.
Scaling Impact through a Platform for Action
The Outcomes Accelerator, launched in 2022, has helped catalyze outcomes finance projects across 20 countries, informed the development of OECD global guidance, and was rated “highly relevant and effective” in an independent evaluation.
The new phase of the Outcomes Accelerator and Outcomes Finance Alliance will aim to pursue three strategic action areas:
“We see strong demand from partner countries for better ways to link finance to results. Initiatives like the OFA and Outcomes Accelerator can help countries strengthen delivery, unlock innovation, and direct funding where it achieves the greatest impact,” said Phil Stevens, Director for International Finance, UK Foreign, Commonwealth and Development Office (FCDO) at the event.
“As we confront a growing demand for impact and accountability, outcomes-based finance can help turn ambition into action,” said Julia Nielson, OECD Development Co-operation Director.
A Timely Response to the FfD4 Agenda
FfD4 calls for a decisive shift in how development finance is mobilized and delivered. The Sevilla Platform responds directly to this call by offering tested tools, cross-sector partnerships, and a ready-to-scale mechanism to ensure financing is tied to real-world outcomes—whether in health, education, employment, climate resilience, or beyond.
“This announcement lays the foundation for an ambitious second phase for the Outcomes Accelerator, expanding technical assistance, financing partnerships, and policy leadership to embed OBF approaches into the core of how development is financed”, said Zach Levey, CEO of Levoca, which serves as the Secretariat of the Outcomes Accelerator and Outcomes Finance Alliance.
The coalition will formalize a multi-year funding window and invite additional governments, MDBs, impact investors and foundations to join.
For more details on this announcement and highlights from the event, read our full Event Summary Blogpost here.
Learn more about our Sevilla Platform for Action Initiative here.
About the Outcomes Accelerator & Outcomes Finance Alliance
The Outcomes Finance Alliance is a global platform that convenes policymakers, investors and delivery partners to mobilize outcomes-based finance. Its Outcomes Accelerator provides transaction support, capacity-building and knowledge sharing to governments and organizations seeking to adopt OBF at scale.
About SECO
The State Secretariat for Economic Affairs SECO is the Switzerland federal government`s centre of excellence for all core issues relating to economic and labour market policy. Its aim is to contribute to sustained economic growth, high employment and fair working conditions, by creating the necessary regulatory, economic and foreign policy framework.
About FCDO
The UK Foreign, Commonwealth and Development Office (FCDO) leads the UK government’s diplomatic, development and consular work around the world. FCDO was created following the merger of the Department for International Development (DFID) with the Foreign and Commonwealth Office, effective from September 2020.
About UBS
UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. It also provides diversified asset management solutions and focused investment banking capabilities. UBS manages 6.1 trillion dollars of invested assets as per fourth quarter 2024. UBS helps clients achieve their financial goals through personalized advice, solutions and products. Headquartered in Zurich, Switzerland, the firm operates in more than 50 markets around the globe. UBS Group shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).
About the UBS Optimus Foundation
The UBS Optimus Foundation is a global network of separately organized and regulated tax-exempt charitable organizations founded and managed by UBS that offers UBS clients a platform to use their wealth to drive positive social and environmental change.
About the OECD
The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. The OECD draws on more than 60 years of experience and insights to shape policies that foster prosperity and opportunity, underpinned by equality and well-being. The OECD works closely with policy makers, stakeholders and citizens to establish evidence-based international standards and to find solutions to social, economic and environmental challenges. From improving economic performance and strengthening policies to fight climate change to bolstering education and fighting international tax evasion, the OECD is a unique forum and knowledge hub for data, analysis and best practices in public policy. The core aim is to set international standards and support their implementation – and help countries forge a path towards stronger, fairer and cleaner societies.
About Levoca
Levoca is a leading impact finance firm that catalyzes investments and financial innovation for sustainable development and the realization of human potential. Levoca advances opportunities in the impact economy to investors, corporations, governments, impact enterprises, and bilateral and multilateral international development agencies in the Americas, Europe, Africa, and Asia.
For more information,
📧 Contact: outcomesaccelerator@levoca.org
🌐 Visit: www.outcomesaccelerator.org
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