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The idea of results-based finance is simple: instead of financing programs aimed at achieving your goal (whether lighting homes or immunizing children), pay a financial reward for the achievement of the goal and let the market find the best way to achieve it.
FORBES: How to Light Africa Within a Decade
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Unlike traditional bonds, SIBs do not have a fixed rate of return as financial return depends on the achievement of specific social outcomes set at the start of the bond issue.
BBC: Charitable bonds explained
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Portsmouth beat Manchester United at this stage of their run to Cup glory back in 2008 but victory at Wembley this season would surely represent a greater achievement under such dire financial circumstances.
BBC: Portsmouth 2-0 Birmingham
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Lessons include in-school visits from local entrepreneurs and field trips to Junior Achievement centers where kids learn financial lessons such as opening a bank account.
WSJ: Making Young Kids Smarter About Finance
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Its role is to generate political momentum and mobilize financial, technical and political support towards the achievement of the EFA goals initiated ten years ago and the education-related Millennium Development Goals (MDGs).
UNESCO: Social and Human Sciences
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In a fair capitalist system, financial success should be the byproduct of innovation and achievement.
WSJ: Jeb Bush: The Road to Republican Revival
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So I regard it as something of an achievement that the BBC has provided its reports outside of the ghetto of specialist financial news.
BBC: Why have we left bank reform to technocrats?
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Lennon felt that the achievement of taking a team to promotion - especially set against the backdrop of financial uncertainty - far outweighed any of his successes during his playing career.
BBC: St Mirren invest faith in new manager Danny Lennon