Results-based Financing Pays Off in Vietnam, Providing Sustainable Water Supply in Rural Areas

Results-based financing ensures that funding is linked to pre-agreed and verified results. Through a range of mechanisms, results-based financing helps deliver development outcomes, improves accountability, and drives both innovation and efficiency. In Vietnam, the program has provided functional water connections to over 2 million people. And together with the private sector, more than 1 million people are served with sustainable water schemes. Still haven’t subscribed to World Bank YouTube? ► ► ► http://wrld.bg/x4SB50x47Lu Get more stories on development with our newsletter. Choose from different categories and select your preferred language: https://www.worldbank.org/en/newsletter-subscription ABOUT THE WORLD BANK GROUP The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Website: http://www.worldbank.org Immersive Stories: https://www.worldbank.org/en/who-we-are/news/biggerpicture Events: http://live.worldbank.org Follow us on social media ► ► ► Facebook: http://www.facebook.com/worldbank Twitter: http://www.twitter.com/worldbank Instagram: http://www.instagram.com/worldbank LinkedIn: https://www.linkedin.com/company/the-world-bank