Curious to understand how Pay for Success initiatives work in addressing the issues that plague developing countries? This session will walk through the process of designing and implementing the first-ever Development Impact Bond, focused on increasing school enrollment and learning of girls in India, partnering the NGO Educate Girls with UBS Optimus Foundation and the Children's Investment Fund Foundation. The presentation will be followed by an interactive discussion and debate of the future implications of Pay for Success in international development (such as Social Impact Bonds and Development Impact Bonds) on the social investment market in developing countries.