Published: November 26, 2019

Behavioural Science for Informed Policy Decision-making in Georgia

Social Impact Bonds (hereafter SIB) is an innovative financial instrument designed to bring together the public, private and voluntary sectors to solve the prevailing challenges by having a clear focus upon delivering the outcomes. Under the model, the risks are shifted from the public to the private sector.

The consultancy supports the development of the alternative financing mechanisms focusing on the “payment by results” concept.

Published: November 26, 2019


UNDP Country Office



Good governance and rule of law


Ondřej Bárta, Christina Mosneaga, Peter Vanderwal

Budget (USD)