Innovative Financing for the elimination of harmful practices impact bonds as a tool to eliminate harmful practices

This UNICEF report explores innovative financing methods, specifically impact bonds, as a tool to eliminate harmful practices, particularly focusing on Development Impact Bonds (DIBs). It provides a taxonomy and mechanism overview of how these results-based financing instruments can mobilize private capital to achieve measurable social outcomes in the fight against harmful practices affecting children and communities. The report highlights the potential of DIBs to incentivize effective interventions and accelerate progress towards social welfare goals.