What role could outcomes-based contracting play in the recovery of Ukraine?
As the Russia-Ukraine war continues, the international community has started to look towards Ukraine’s recovery needs, recognising the level of planning required to deliver efficient and effective support.
Currently, Ukraine’s reconstruction and recovery bill is estimated at somewhere between $225 billion to $1 trillion.
Despite these divergent estimates, there is no dispute about the complexity of the challenge ahead, and it will be critical that the necessary large-scale funding is deployed efficiently and effectively. There will also need to be stringent checks and balances to prevent potential corruption from taking place.
With this context in mind, this report makes the case for how outcomes-based contracts could play an important role in supporting the recovery of Ukraine.
For more, read our blog: Innovative finance can help Ukraine rebuild better and quicker