Results-Based Financing and Its Potential Role in Advancing the Nexus Approach
The need to improve the effectiveness of development financing provided by multilateral and bilateral development institutions led to the design and adoption of some results-oriented financing tools that aim to incentivize the delivery and sustainability of the pursued results (outputs and outcomes) that serve long-term objectives.
KeywordsAquifer sustainability Cash on delivery Conditional cash transfer Free rider Independent verification agent Integrated water resources management Nexus approach Output-based aid Output-based disbursements Payments for environmental services Results-based financing Water footprint
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