Developing Tools and Evidence to Deliver Prosperity Evaluating the World's First Development Impact Bond in the Education Sector

This academic article presents a case study evaluating the "Educate Girls Development Impact Bond (EGDIB)," recognised as the world's first DIB in the education sector. It focuses on developing tools and evidence to assess its impact on delivering prosperity. The paper analyses the financialisation of welfare through impact bonds and examines the outcomes achieved by the EGDIB, providing insights into the effectiveness of this innovative financing mechanism in improving educational outcomes.