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.”
Before stepping into this innovation role just over two years ago, Coletti was in a number of fundraising roles, including senior director of individual philanthropy. Fundraising remains a key role for the innovation team, in order to finance the kinds of interventions for children that it hopes to bring to scale. In fact, one of the benefits of the innovation program is not just the money it puts out but the money it brings in.