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ICRC Humanitarian Impact Bond - Human Planet
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ICRC Humanitarian Impact Bond

DetailInformation
InstrumentHumanitarian Impact Bond, the first of its kind
RegionDRC, Mali and Nigeria
Duration5 years (2017 to 2022)
FundingCHF 26M (approx. USD 27M)
Investor ReturnUp to 7% IRR
Focus AreaHealth and physical rehabilitation

The Solution

We designed and structured the world’s first Humanitarian Impact Bond. Private investors provided the working capital upfront to build and operate physical rehabilitation centres in three post-conflict countries. A group of outcome funders then repaid those investors based on the independently measured efficiency of the centres, shifting the risk of delivery away from donors and tying every repayment directly to results on the ground.

Headline Result

3,600+ people served during the bond period, with around 40,000 expected over the lifetime of the centres.

Impact Focus

  • Efficiency of the rehabilitation centres increased by more than 80%
  • 3,600+ people served during the bond period
  • Around 40,000 people expected to benefit over the lifetime of the centres
  • Investors earned up to a 7% internal rate of return

Stakeholders

  • International Committee of the Red Cross (ICRC)
  • Munich Re
  • la Caixa Foundation
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Munich RE Logo
laCaixa Logo

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