In November 2019, the Stone Family Foundation (SFF), U.S. Agency for International Development (USAID), and iDE launched the Cambodia Rural Sanitation Development Impact Bond (DIB). The first of its kind in the water and sanitation (WASH) sector, the DIB combines private and public capital with on-the-ground implementation expertise to help eradicate open defecation in Cambodia and accelerate the Royal Government of Cambodia’s efforts to reach universal sanitation. The DIB’s four-year objective is to help 1,600 villages across six provinces in Cambodia achieve Open Defecation Free (ODF) status, and aims to develop market-based solutions that will contribute to universal sanitation coverage in six provinces (Svay Rieng, Kandal, Prey Veng, Kampong Thom, Siem Reap and Oddar Meanchey)—reducing stunting among children and preventing the spread of disease and contamination of drinking water.
Learn more about what makes the Cambodia Rural Sanitation Development Impact Bond (DIB) so innovative in the UVA Darden School of Business’s Ideas to Action article.