Lessons from the World’s First Maternal Health Development Impact Bond

Mar 17, 2021 11:00 a.m. - 12:30 p.m.

Providing maternal and child health services to pregnant women and newborns in India is a significant health challenge, due to inequities in access to high-quality health care across the country. To address this challenge, the Utkrisht Development Impact Bond (DIB), the world's first maternal and newborn health bond, formed in 2018 to fund improvements in quality of care aimed at reducing maternal and neonatal mortality rates in the state of Rajasthan, India, over a five-year period.

The Oxford Government Outcomes Lab (GO Lab) held a webinar on Wednesday, March 17, for the third session of its online convening series, Engaging with Evidence, to learn about new evidence and insights from partners involved in the Utkrisht DIB. Senior researcher So O’Neil discussed Mathematica's recent midline report, which explores lessons learned from the Utkrisht DIB and where investments might be best leveraged to achieve quality improvement at Utkrisht DIB-funded health care facilities. Participants gained insights from other speakers around the world who have expertise on social innovation, global health, health financing, and international development, as well as practical experience working on Utkrisht and other impact bonds.


  • So O’Neil, Mathematica
  • Dhun Davar, UBS Optimus Foundation
  • Mary-Ann Etiebet, Merck for Mothers
  • Pompy Sridhar, Merck Sharp & Dohme for Mothers
  • Ellen Smith, Palladium
  • Pankuri Rai, Hindustan Latex Family Planning Promotion Trust
  • Amy Lin, USAID
  • Mara Airoldi, GO Lab