Case 03 · Humanitarian, Democratic Republic of the Congo, Mali and Nigeria, 2017 to 2022
The ICRC Humanitarian Impact Bond financed three rehabilitation centres in conflict zones.
| Instrument | Humanitarian impact bond, the first ever |
|---|---|
| Amount | CHF 26m |
| Implementer | International Committee of the Red Cross |
| Investors | Munich Re and private investors |
| Outcome funders | Belgium, Switzerland, Italy, the United Kingdom and Fundación la Caixa |
| Downside | Investors could lose up to 40 percent of capital |
More than 3,600 disabled people served during the bond
A targeted 80 percent efficiency gain against benchmark
Around 40,000 people served over the centres' twenty-year life
For you: impact bonds work in active conflict zones when the outcome is service efficiency.