The Road to the SDGs

T H E R O A D T O T H E S D G s | P R O G R E S S A N D A C H I E V E M E N T S based financing with grant financing in a structure that has favourable outcomes for participating funders and stakeholders, allowing for a new approach to resource mobilisation for humanitarian development organisations. X IsDB is supporting the development of impact bonds as a strategic instrument that sees outcomes directly contributing to important social benefits related to education, health or poverty alleviation for the target populations in MCs. ACHIEVEMENTS X The One WASH Fund is set to implement programmes in 29 OIC member states, where it aims to impact the lives of five million people by strengthening and integrating the delivery of water, sanitation and hygiene (WASH) with health services. It uses proven methodologies that are already being practised at the grassroots level by the International Federation of Red Cross and Red Crescent Societies. X The first Development Impact Bond supported by the guarantee system is the One WASH Fund and Sukuk. X The aim is to: – Eradicate cholera and other diarrhoeal diseases in MCs, specifically reducing cholera- related deaths by 90% in the most affected MCs over the next 10 years – Reach over 5 million people by 2030 – Contribute to the attainment of SDGs 3, 5, 6, 13 and 17. INVESTMENT X The first tranche of the programme is scheduled to start in Q4 2021 and targets Bangladesh, for an amount of US$ 30 million out of a total programme size of US$ 210 million. A I M S O F T H E I N I T I A T I V E To reduce cholera-related deaths by 90% in the most affected MCs over the next 10 years To reach over 5 million people by 2030 S I Z E O F T H E P R O G R A M M E US$210 million [ 117 ]