WHO THEY ARE
They are a group of passionate individuals working together under one shared goal: to ensure that every cent spent to alleviate poverty has the greatest possible impact on the lives of the 2.4 billion men, women, and children afflicted by it. Their mission is to empower leaders in the social, public, and private sectors to improve the impact of social programs in developing countries by tying funding to results.
WHY THEY BUILT INSTIGLIO
Because they want to close the gap between what is proven to work and what is actually done in international development. “Instiglio” is derived from the Esperanto word for “incentives”, and that’s precisely what they’re working towards – providing the right incentives for impact. By tying the funding of social programs to their outcomes, they are shifting the mentality away from traditional development funding that focuses on activities and inputs rather than results and impact. This incentivizes high-impact program implementation and places the welfare of vulnerable communities at the center of every decision made and every action taken. By providing technical assistance in creating and implementing Impact Bonds and other Results-Based Financing projects, we hope to catalyze a culture of excellence within international development that improves the effectiveness of social programs on the lives of those they serve.