Can Social Impact Bonds work in Ukraine — in practice, not just in theory?
This feasibility report examines whether outcome-based financing can be piloted at the municipal level under current legal, financial, and institutional conditions, with a focus on learning, governance, and local ownership.
Inside the report, you will find:
- an overview of global experience with Social Impact Bonds and outcomes-based financing;
- an assessment of legal, institutional, and public finance feasibility in Ukraine;
- analysis of viable structuring options within existing legislation;
- key risks, constraints, and design considerations for first pilots;
- a place-based pilot concept focused on the Voznesensk community.
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