Improving maternal and newborn survival and health in India
Utkrisht Maternal and Newborn Health Development Impact Bond
At a glance
At a glance
Despite a significant reduction in maternal and newborn mortality rates over the past 25 years, performance in India remains low by global standards.1 India currently ranks 142 out of 217 countries in terms of maternal mortality and 184 in newborn mortality.2 Four states alone, including Rajasthan, account for 56 percent of newborn deaths, and about 14 percent of newborn deaths globally.3
The Indian Government has made efforts to address this by increasing institutional deliveries. The world’s first development impact bond in healthcare enables clients to put their capital to work and improve maternity care in India. USAID and Merck for Mothers are the outcomes funders for the three-year program. The UBS Optimus Foundation will raise the risk capital necessary to fund working capital.
The partners
HLFPPT is a social enterprise with more than 600 employees and partnerships with the Indian Ministry of Health and Family Welfare, and 11 state governments. The organization supports the implementation of reproductive child health, HIV prevention and care programs.
PSI is a global health network of more than 60 local organizations dedicated to improving health of people in the developing world by focusing on serious challenges such as a lack of family planning, HIV and AIDS, barriers to maternal health, and the threats to children under five.