Results-based Finance: defenition
Spors et al, May 2017, Felicity Spors MSc. Is the Director of Sustainable Finance at the Gold Standard Foundation. The objective of her work is to support investors and investees measure, manage and maximize sustainable development impact and value to drive progress in meeting internationally agreed climate and sustainable development goals. Her financial experience is drawn from 12 years as a Senior Carbon Finance Specialist at the World Bank, and three years at EIT Climate KIC and two years working as an expert for the Technical Expert Group and the Sustainable Finance Platform working to develop the EC sustainable finance taxonomy
, Klaus Oppermann, Caroline Ott, Charis Lypiridis, Pablo Benitez, Tambi Matambo (all World Bank Team), Christine Gruening, Ulf Moslener and Menglu Zhuang (all Frankfurt School- UNEP Collaborating Centre for Climate & Sustainable Energy Finance) /// SMS MA
• Results-based Finance (RBF) provided specifically for climate mitigation or adaptation results
• RBCF criteria: – payments are made for climate mitigation or adaptation results – payments are made ex post – payments are made once predefined results have been achieved; and – reported results have been independently verified.