Access to Finance in Output-Based Aid

Output-Based Aid (OBA) and other results-based financing mechanisms are gaining popularity in the development context for many reasons, in particular, the desire to link scarce public funding with actual results on the ground. But withholding disbu...

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Main Authors: Kumar, Geeta, Lieberman, Ira, Mumssen, Yogita
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
ADB
BID
EIB
IPO
MFI
TAX
Online Access:http://documents.worldbank.org/curated/en/820251468167657765/Access-to-finance-in-output-based-aid
http://hdl.handle.net/10986/27816
id okr-10986-27816
recordtype oai_dc
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic ACCESS TO FINANCE
ACCOUNTABILITY
ADB
AFFILIATES
AFFORDABILITY
ASSET HOLDING
BALANCE SHEET
BANK FINANCING
BANK LOAN
BANK LOANS
BANK PORTFOLIO
BANKS
BENEFICIARIES
BID
BORROWER
BORROWING
BUSINESS VOLUMES
CAPACITY BUILDING
CAPITAL COST
CAPITAL COSTS
CAPITAL EXPENDITURES
CAPITAL FINANCE
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
CAPITAL LOANS
CAPITAL REQUIREMENT
CAPITAL REQUIREMENTS
CASH FLOW
CASH FLOWS
CLINICS
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL BANK
COMMERCIAL BANK LOANS
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMMERCIAL DEBT
COMMERCIAL FINANCE
COMMERCIAL LENDERS
COMMERCIAL LOAN
COMMERCIAL LOANS
COMMUNICATIONS SERVICES
COMMUNICATIONS TECHNOLOGY
COMPETITIVE BIDDING
CONSUMER FINANCE
COOPERATIVES
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT LINES
CREDIT RISK
CREDIT SUPPORT
CROSS-SUBSIDIES
DEBT
DEBT FINANCE
DEBT FUNDS
DEBT-EQUITY
DEPOSIT
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISBURSEMENT
DISBURSEMENTS
DONOR SUPPORT
DOWN PAYMENT
EARNINGS
ECONOMIC DEVELOPMENT
EIB
ELECTRICITY SERVICES
ENABLING ENVIRONMENT
ENROLLMENT
EQUIPMENT
EQUITY CONTRIBUTION
EQUITY FUND
EQUITY FUNDS
EQUITY INVESTMENT
EQUITY RATIO
ESCROW
ESCROW ACCOUNT
EXPENDITURES
EXPROPRIATION
FAMILIES
FINANCES
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL PRODUCTS
FINANCIAL RESOURCES
FINANCIAL RISKS
FINANCIAL STRENGTH
FINANCIAL VIABILITY
FINANCING COSTS
FINANCING FACILITIES
FINANCING FACILITY
FINANCING INITIATIVES
FINANCING NEED
FINANCING NEEDS
FINANCING REQUIREMENTS
FLOW OF FUNDS
FUND MANAGERS
FUNDING SOURCE
FUNGIBLE
HEALTH CARE FACILITIES
HEALTH SERVICES
HOLDING
HOMES
HOSPITALS
HOUSEHOLD ACCESS
HOUSEHOLD FINANCE
HOUSEHOLD INCOME
HOUSEHOLDS
IMMUNIZATIONS
INFRASTRUCTURE FINANCE
INSTALLMENT
INSTALLMENTS
INSURANCE AGENCY
INSURANCE SERVICE
INTEREST PAYMENT
INTEREST RATE
INTEREST RATE SPREAD
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERVENTION
INTERVENTIONS
INVESTMENT BANK
INVESTMENT CAPITAL
INVESTMENT FUND
INVESTMENT PROJECTS
INVESTMENT REQUIREMENTS
IPO
ISLAMIC DEVELOPMENT BANK
LENDERS
LETTERS OF CREDIT
LINE OF CREDIT
LIQUIDITY
LIQUIDITY RISKS
LIVING CONDITIONS
LOAN
LOAN AGREEMENTS
LOAN AMOUNT
LOAN AMOUNTS
LOAN PRINCIPAL
LOAN PRODUCT
LOANS TO CUSTOMERS
LOCAL BANKS
LONG TERM DEBT
LONG-TERM INVESTMENT
LONG-TERM INVESTMENTS
MFI
MFIS
MICRO ENTERPRISE
MICRO LOAN
MICRO LOANS
MICRO-FINANCE
MICRO-FINANCE INSTITUTION
MICRO-FINANCE INSTITUTIONS
MICROFINANCE
MICROFINANCE INSTITUTION
MICROFINANCE INSTITUTIONS
MICROFINANCE LENDING
MICROFINANCE LOANS
MICROFINANCE SECTOR
MICROINSURANCE
OPERATIONAL COSTS
OPERATIONAL RISKS
OUTPUT
OUTPUTS
OVERDRAFT
OVERDRAFT FACILITIES
OVERDRAFT FACILITY
PARTIAL CREDIT
PARTIAL RISK
PERFORMANCE BOND
PERFORMANCE RISK
POLLUTION
PORTFOLIO
PRINCIPAL REPAYMENTS
PRIVATE BANK
PRIVATE ENTERPRISE
PRIVATE INFRASTRUCTURE
PRIVATE INVESTMENT
PRIVATE INVESTMENTS
PRIVATE INVESTORS
PRIVATE-PUBLIC PARTNERSHIPS
PUBLIC ASSET
PUBLIC FUNDS
PUBLIC UTILITY
PUBLIC-PRIVATE PARTNERSHIP
REFORM PROGRAMS
REPAYMENT
REPAYMENT PERIODS
REPAYMENTS
RETURN
REVOLVING FUND
RURAL AREAS
RURAL BANKS
RURAL COMMUNITY
RURAL TRANSFORMATION
SAVINGS
SHORT-TERM BORROWING
SLUM
SMALL BUSINESS
SMALL BUSINESS FINANCE
SMALL BUSINESS FINANCING
SMALL BUSINESSES
SMALL ENTERPRISE
SMALL TOWNS
SOCIAL FUND
SOCIAL SERVICES
SOURCES OF FINANCE
SUBSIDIARIES
SUBSIDIARY
SUBSIDY FUNDING
TAX
TECHNICAL ASSISTANCE
TRADE FINANCE
TRADE FINANCING
TRANCHE
TRANSACTION
TRANSPARENCY
TRANSPORT
TRUST FUND
UNION
UNIVERSAL ACCESS
URBAN DEVELOPMENT
USER FEES
VILLAGE
VILLAGES
VOUCHER
VOUCHERS
WATER SUPPLY
WORKING CAPITAL
spellingShingle ACCESS TO FINANCE
ACCOUNTABILITY
ADB
AFFILIATES
AFFORDABILITY
ASSET HOLDING
BALANCE SHEET
BANK FINANCING
BANK LOAN
BANK LOANS
BANK PORTFOLIO
BANKS
BENEFICIARIES
BID
BORROWER
BORROWING
BUSINESS VOLUMES
CAPACITY BUILDING
CAPITAL COST
CAPITAL COSTS
CAPITAL EXPENDITURES
CAPITAL FINANCE
CAPITAL INVESTMENT
CAPITAL INVESTMENTS
CAPITAL LOANS
CAPITAL REQUIREMENT
CAPITAL REQUIREMENTS
CASH FLOW
CASH FLOWS
CLINICS
COLLATERAL
COLLATERAL REQUIREMENTS
COMMERCIAL BANK
COMMERCIAL BANK LOANS
COMMERCIAL BANKS
COMMERCIAL BORROWING
COMMERCIAL DEBT
COMMERCIAL FINANCE
COMMERCIAL LENDERS
COMMERCIAL LOAN
COMMERCIAL LOANS
COMMUNICATIONS SERVICES
COMMUNICATIONS TECHNOLOGY
COMPETITIVE BIDDING
CONSUMER FINANCE
COOPERATIVES
CREDIT GUARANTEE
CREDIT GUARANTEES
CREDIT LINES
CREDIT RISK
CREDIT SUPPORT
CROSS-SUBSIDIES
DEBT
DEBT FINANCE
DEBT FUNDS
DEBT-EQUITY
DEPOSIT
DEVELOPING COUNTRIES
DEVELOPMENT BANK
DISBURSEMENT
DISBURSEMENTS
DONOR SUPPORT
DOWN PAYMENT
EARNINGS
ECONOMIC DEVELOPMENT
EIB
ELECTRICITY SERVICES
ENABLING ENVIRONMENT
ENROLLMENT
EQUIPMENT
EQUITY CONTRIBUTION
EQUITY FUND
EQUITY FUNDS
EQUITY INVESTMENT
EQUITY RATIO
ESCROW
ESCROW ACCOUNT
EXPENDITURES
EXPROPRIATION
FAMILIES
FINANCES
FINANCIAL CRISIS
FINANCIAL INSTITUTIONS
FINANCIAL PRODUCTS
FINANCIAL RESOURCES
FINANCIAL RISKS
FINANCIAL STRENGTH
FINANCIAL VIABILITY
FINANCING COSTS
FINANCING FACILITIES
FINANCING FACILITY
FINANCING INITIATIVES
FINANCING NEED
FINANCING NEEDS
FINANCING REQUIREMENTS
FLOW OF FUNDS
FUND MANAGERS
FUNDING SOURCE
FUNGIBLE
HEALTH CARE FACILITIES
HEALTH SERVICES
HOLDING
HOMES
HOSPITALS
HOUSEHOLD ACCESS
HOUSEHOLD FINANCE
HOUSEHOLD INCOME
HOUSEHOLDS
IMMUNIZATIONS
INFRASTRUCTURE FINANCE
INSTALLMENT
INSTALLMENTS
INSURANCE AGENCY
INSURANCE SERVICE
INTEREST PAYMENT
INTEREST RATE
INTEREST RATE SPREAD
INTEREST RATES
INTERNATIONAL BANK
INTERNATIONAL DEVELOPMENT
INTERNATIONAL FINANCE
INTERNATIONAL FINANCIAL INSTITUTIONS
INTERVENTION
INTERVENTIONS
INVESTMENT BANK
INVESTMENT CAPITAL
INVESTMENT FUND
INVESTMENT PROJECTS
INVESTMENT REQUIREMENTS
IPO
ISLAMIC DEVELOPMENT BANK
LENDERS
LETTERS OF CREDIT
LINE OF CREDIT
LIQUIDITY
LIQUIDITY RISKS
LIVING CONDITIONS
LOAN
LOAN AGREEMENTS
LOAN AMOUNT
LOAN AMOUNTS
LOAN PRINCIPAL
LOAN PRODUCT
LOANS TO CUSTOMERS
LOCAL BANKS
LONG TERM DEBT
LONG-TERM INVESTMENT
LONG-TERM INVESTMENTS
MFI
MFIS
MICRO ENTERPRISE
MICRO LOAN
MICRO LOANS
MICRO-FINANCE
MICRO-FINANCE INSTITUTION
MICRO-FINANCE INSTITUTIONS
MICROFINANCE
MICROFINANCE INSTITUTION
MICROFINANCE INSTITUTIONS
MICROFINANCE LENDING
MICROFINANCE LOANS
MICROFINANCE SECTOR
MICROINSURANCE
OPERATIONAL COSTS
OPERATIONAL RISKS
OUTPUT
OUTPUTS
OVERDRAFT
OVERDRAFT FACILITIES
OVERDRAFT FACILITY
PARTIAL CREDIT
PARTIAL RISK
PERFORMANCE BOND
PERFORMANCE RISK
POLLUTION
PORTFOLIO
PRINCIPAL REPAYMENTS
PRIVATE BANK
PRIVATE ENTERPRISE
PRIVATE INFRASTRUCTURE
PRIVATE INVESTMENT
PRIVATE INVESTMENTS
PRIVATE INVESTORS
PRIVATE-PUBLIC PARTNERSHIPS
PUBLIC ASSET
PUBLIC FUNDS
PUBLIC UTILITY
PUBLIC-PRIVATE PARTNERSHIP
REFORM PROGRAMS
REPAYMENT
REPAYMENT PERIODS
REPAYMENTS
RETURN
REVOLVING FUND
RURAL AREAS
RURAL BANKS
RURAL COMMUNITY
RURAL TRANSFORMATION
SAVINGS
SHORT-TERM BORROWING
SLUM
SMALL BUSINESS
SMALL BUSINESS FINANCE
SMALL BUSINESS FINANCING
SMALL BUSINESSES
SMALL ENTERPRISE
SMALL TOWNS
SOCIAL FUND
SOCIAL SERVICES
SOURCES OF FINANCE
SUBSIDIARIES
SUBSIDIARY
SUBSIDY FUNDING
TAX
TECHNICAL ASSISTANCE
TRADE FINANCE
TRADE FINANCING
TRANCHE
TRANSACTION
TRANSPARENCY
TRANSPORT
TRUST FUND
UNION
UNIVERSAL ACCESS
URBAN DEVELOPMENT
USER FEES
VILLAGE
VILLAGES
VOUCHER
VOUCHERS
WATER SUPPLY
WORKING CAPITAL
Kumar, Geeta
Lieberman, Ira
Mumssen, Yogita
Access to Finance in Output-Based Aid
relation OBA Working Paper Series;No. 11
description Output-Based Aid (OBA) and other results-based financing mechanisms are gaining popularity in the development context for many reasons, in particular, the desire to link scarce public funding with actual results on the ground. But withholding disbursements until the delivery of 'results' or 'outputs' requires that the service providers delivering the results must have access to finance (A2F) to pay for the 'inputs' in the first place. Such finance is not always available or affordable. The purpose of this working paper is to outline some of the key issues related to OBA and A2F. The analysis focuses on the energy, water, and health sectors. Micro, small and medium enterprise (MSME) financing is the main topic; however, OBA is ultimately about poor households affording access to basic services, and many OBA schemes attempt to address A2F for households, so some of these innovations are also described. The working paper is expected to support a consultative process between experts dealing with A2F challenges and experts on OBA. This process should help raise awareness of the OBA approach among potential financiers, and help consider solutions (instruments, partnerships, capacity building) so that OBA and other similar results-based financing mechanisms can be brought to scale and integrated into broader sector policy, where appropriate.
format Working Paper
author Kumar, Geeta
Lieberman, Ira
Mumssen, Yogita
author_facet Kumar, Geeta
Lieberman, Ira
Mumssen, Yogita
author_sort Kumar, Geeta
title Access to Finance in Output-Based Aid
title_short Access to Finance in Output-Based Aid
title_full Access to Finance in Output-Based Aid
title_fullStr Access to Finance in Output-Based Aid
title_full_unstemmed Access to Finance in Output-Based Aid
title_sort access to finance in output-based aid
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/820251468167657765/Access-to-finance-in-output-based-aid
http://hdl.handle.net/10986/27816
_version_ 1764465149521952768
spelling okr-10986-278162021-04-23T14:04:44Z Access to Finance in Output-Based Aid Kumar, Geeta Lieberman, Ira Mumssen, Yogita ACCESS TO FINANCE ACCOUNTABILITY ADB AFFILIATES AFFORDABILITY ASSET HOLDING BALANCE SHEET BANK FINANCING BANK LOAN BANK LOANS BANK PORTFOLIO BANKS BENEFICIARIES BID BORROWER BORROWING BUSINESS VOLUMES CAPACITY BUILDING CAPITAL COST CAPITAL COSTS CAPITAL EXPENDITURES CAPITAL FINANCE CAPITAL INVESTMENT CAPITAL INVESTMENTS CAPITAL LOANS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS CASH FLOW CASH FLOWS CLINICS COLLATERAL COLLATERAL REQUIREMENTS COMMERCIAL BANK COMMERCIAL BANK LOANS COMMERCIAL BANKS COMMERCIAL BORROWING COMMERCIAL DEBT COMMERCIAL FINANCE COMMERCIAL LENDERS COMMERCIAL LOAN COMMERCIAL LOANS COMMUNICATIONS SERVICES COMMUNICATIONS TECHNOLOGY COMPETITIVE BIDDING CONSUMER FINANCE COOPERATIVES CREDIT GUARANTEE CREDIT GUARANTEES CREDIT LINES CREDIT RISK CREDIT SUPPORT CROSS-SUBSIDIES DEBT DEBT FINANCE DEBT FUNDS DEBT-EQUITY DEPOSIT DEVELOPING COUNTRIES DEVELOPMENT BANK DISBURSEMENT DISBURSEMENTS DONOR SUPPORT DOWN PAYMENT EARNINGS ECONOMIC DEVELOPMENT EIB ELECTRICITY SERVICES ENABLING ENVIRONMENT ENROLLMENT EQUIPMENT EQUITY CONTRIBUTION EQUITY FUND EQUITY FUNDS EQUITY INVESTMENT EQUITY RATIO ESCROW ESCROW ACCOUNT EXPENDITURES EXPROPRIATION FAMILIES FINANCES FINANCIAL CRISIS FINANCIAL INSTITUTIONS FINANCIAL PRODUCTS FINANCIAL RESOURCES FINANCIAL RISKS FINANCIAL STRENGTH FINANCIAL VIABILITY FINANCING COSTS FINANCING FACILITIES FINANCING FACILITY FINANCING INITIATIVES FINANCING NEED FINANCING NEEDS FINANCING REQUIREMENTS FLOW OF FUNDS FUND MANAGERS FUNDING SOURCE FUNGIBLE HEALTH CARE FACILITIES HEALTH SERVICES HOLDING HOMES HOSPITALS HOUSEHOLD ACCESS HOUSEHOLD FINANCE HOUSEHOLD INCOME HOUSEHOLDS IMMUNIZATIONS INFRASTRUCTURE FINANCE INSTALLMENT INSTALLMENTS INSURANCE AGENCY INSURANCE SERVICE INTEREST PAYMENT INTEREST RATE INTEREST RATE SPREAD INTEREST RATES INTERNATIONAL BANK INTERNATIONAL DEVELOPMENT INTERNATIONAL FINANCE INTERNATIONAL FINANCIAL INSTITUTIONS INTERVENTION INTERVENTIONS INVESTMENT BANK INVESTMENT CAPITAL INVESTMENT FUND INVESTMENT PROJECTS INVESTMENT REQUIREMENTS IPO ISLAMIC DEVELOPMENT BANK LENDERS LETTERS OF CREDIT LINE OF CREDIT LIQUIDITY LIQUIDITY RISKS LIVING CONDITIONS LOAN LOAN AGREEMENTS LOAN AMOUNT LOAN AMOUNTS LOAN PRINCIPAL LOAN PRODUCT LOANS TO CUSTOMERS LOCAL BANKS LONG TERM DEBT LONG-TERM INVESTMENT LONG-TERM INVESTMENTS MFI MFIS MICRO ENTERPRISE MICRO LOAN MICRO LOANS MICRO-FINANCE MICRO-FINANCE INSTITUTION MICRO-FINANCE INSTITUTIONS MICROFINANCE MICROFINANCE INSTITUTION MICROFINANCE INSTITUTIONS MICROFINANCE LENDING MICROFINANCE LOANS MICROFINANCE SECTOR MICROINSURANCE OPERATIONAL COSTS OPERATIONAL RISKS OUTPUT OUTPUTS OVERDRAFT OVERDRAFT FACILITIES OVERDRAFT FACILITY PARTIAL CREDIT PARTIAL RISK PERFORMANCE BOND PERFORMANCE RISK POLLUTION PORTFOLIO PRINCIPAL REPAYMENTS PRIVATE BANK PRIVATE ENTERPRISE PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE INVESTMENTS PRIVATE INVESTORS PRIVATE-PUBLIC PARTNERSHIPS PUBLIC ASSET PUBLIC FUNDS PUBLIC UTILITY PUBLIC-PRIVATE PARTNERSHIP REFORM PROGRAMS REPAYMENT REPAYMENT PERIODS REPAYMENTS RETURN REVOLVING FUND RURAL AREAS RURAL BANKS RURAL COMMUNITY RURAL TRANSFORMATION SAVINGS SHORT-TERM BORROWING SLUM SMALL BUSINESS SMALL BUSINESS FINANCE SMALL BUSINESS FINANCING SMALL BUSINESSES SMALL ENTERPRISE SMALL TOWNS SOCIAL FUND SOCIAL SERVICES SOURCES OF FINANCE SUBSIDIARIES SUBSIDIARY SUBSIDY FUNDING TAX TECHNICAL ASSISTANCE TRADE FINANCE TRADE FINANCING TRANCHE TRANSACTION TRANSPARENCY TRANSPORT TRUST FUND UNION UNIVERSAL ACCESS URBAN DEVELOPMENT USER FEES VILLAGE VILLAGES VOUCHER VOUCHERS WATER SUPPLY WORKING CAPITAL Output-Based Aid (OBA) and other results-based financing mechanisms are gaining popularity in the development context for many reasons, in particular, the desire to link scarce public funding with actual results on the ground. But withholding disbursements until the delivery of 'results' or 'outputs' requires that the service providers delivering the results must have access to finance (A2F) to pay for the 'inputs' in the first place. Such finance is not always available or affordable. The purpose of this working paper is to outline some of the key issues related to OBA and A2F. The analysis focuses on the energy, water, and health sectors. Micro, small and medium enterprise (MSME) financing is the main topic; however, OBA is ultimately about poor households affording access to basic services, and many OBA schemes attempt to address A2F for households, so some of these innovations are also described. The working paper is expected to support a consultative process between experts dealing with A2F challenges and experts on OBA. This process should help raise awareness of the OBA approach among potential financiers, and help consider solutions (instruments, partnerships, capacity building) so that OBA and other similar results-based financing mechanisms can be brought to scale and integrated into broader sector policy, where appropriate. 2017-08-15T15:00:28Z 2017-08-15T15:00:28Z 2010-10 Working Paper http://documents.worldbank.org/curated/en/820251468167657765/Access-to-finance-in-output-based-aid http://hdl.handle.net/10986/27816 English en_US OBA Working Paper Series;No. 11 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research :: Working Paper Publications & Research