RESULT BASED FINANCE

The idea of results based finance, in our context, is based on the ideas of common destiny and common good. Industries, political leaders, universities, high-income households, etc are often far removed from the daily lives of low-income households, but we share a common destiny. Nova’s work is meant to assist low-income households to improve their quality of life.  Results based finance provides a mechanism  for those who have the means (such as industries, authorities, higher-income households) to assist low-income households to make a contribution to their own quality of life and the common good.