This document presents the envisioned SOFF Impact Bond. It states the Bond objectives, provides basic information about bonds and “development impact” bonds, presents the actors required to realize the Bond, and outlines the potential Bond structure. It indicates potential governance considerations for the SOFF UN fund and presents an update on the status of bond development.
It concludes by summarizing next steps and highlighting the crucially important role of Steering Committee members by (i) providing continued feedback as the Bond concept advances, (ii) advocating and positioning the Bond as an innovative and complementary financing vehicle for SOFF to effectively respond to high country demand, and (iii) supporting mobilization of potential bond structuring partners and contributors from the public and private sectors.
