Outcome-Based Financing
Outcome-Based Financing is a funding model that ties financial support to the achievement of specific results or outcomes. This approach is often used in sectors like education, healthcare, and social services, where funders only pay for services if predetermined goals are met.
This method encourages efficiency and accountability, as service providers must focus on delivering measurable results. By aligning financial incentives with positive outcomes, Outcome-Based Financing aims to improve the effectiveness of programs and ensure that resources are used effectively to benefit the target population.