Innovation at Save the Children: A return on investment, literally

A tube of chlorhexidine antiseptic gel, applied to a cut umbilical cord to prevent infections. Photo by: USAID / CC BY-NC

NEW YORK — Save the Children launched a report at Global Goals Week analyzing two examples of development impact bonds for maternal and child survival interventions. The report is part of Save the Children’s effort to offer more thought leadership, including development finance research and advocacy, said Kimberly Coletti, senior director of innovation at Save the Children. The organization saw a gap in the evidence on how DIBs are applied in the sector and shared its own lessons on the topic at an event during the United Nations General Assembly.

As part of Devex’s Meet the Innovation Leads series, we caught up with Coletti ahead of UNGA to learn more about Save’s model to support what it describes as “breakthrough innovations for children.”

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    Catherine Cheney

    Catherine Cheney is a Senior Reporter for Devex. She covers the West Coast of the U.S., focusing on the role of technology and innovation in achieving the Sustainable Development Goals. And she frequently represents Devex as a speaker and moderator. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, worked as a web producer for POLITICO and reporter for World Politics Review, and helped to launch NationSwell. Catherine has reported from all over the world, and freelanced for outlets including the Atlantic and the Washington Post. She is also the West Coast ambassador for the Solutions Journalism Network, a nonprofit that trains and connects journalists to cover responses to problems.