Setting critical learning targets for a cutting-edge Development Impact Bond

This case study details the process of setting critical learning targets for the Quality Education India Development Impact Bond (QEI DIB). It explains how the DIB aims to improve grade-appropriate learning outcomes for over 200,000 students by funding high-performing service providers. The study highlights robust performance management, engagement with education providers, and flexible outcomes-focused financing as key drivers of success, demonstrating how DIBs can deliver better value for money by paying for results.