Pipeline ID: INDIGO-PL-0170
The British Asian Trust (BAT) is launching Pakistan's first Development Impact Bond (DIB) in the Punjab. The DIB will promote the skills development of young people, with a focus on supporting young women into sustainable employment. BAT has undertaken a comprehensive feasibility study in Pakistan, funded by the Asian Development Bank (ADB), which identified emerging trends and gaps within the skills development sector and contextual requirements for implementing an outcomes-based solution with a particular focus on women.
Having grown the innovative finance ecosystem in India, we will this experience and expertise in Pakistan. Given the nascent market, funding from the Accelerator would allow BAT to develop the first of its kind outcomes-based financial instrument acting as a catalyst for innovative finance in Pakistan. Our objective is to ensure that the DIB is transformative for the skills ecosystem in Pakistan by enabling cross-sector partnerships to align incentives for all stakeholders towards the achievement of outcomes. This will have a significant positive impact beyond the lifecycle of the proposed solution by strengthening an emerging impact investing ecosystem within Pakistan. Additionally, we will aim to showcase how government funding can be deployed to focus on longer term and gender focused outcomes.
Data for this pipeline project was last updated in May 2024
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