Smart financing definition

Smart financing means that the interventions that are proven to be the best value for money are financed and delivered efficiently, with a focus on results. This requires not only identifying the best buy interventions, but also the best ways of delivering these interventions with quality. This is more effective than an approach where a range of interventions are “sprinkled”, with each receiving limited financing in the face of overall gaps. Strategic and operational plans developed as part of the country process often lack prioritization and the conversion to an actual investment plan. In order to mobilize increased domestic and external funding, the returns on investment should be made explicit, particularly to facilitate conversations with Finance Ministries. Careful consideration of ways to reduce inequalities in access to and payment for needed services amongst the poorest should be a key priority.
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Related to Smart financing

  • Exit Financing means the financing under the Exit Facility.

  • Co-financing means the financing referred to in Section 7.02 (h) and specified in the Loan Agreement provided or to be provided for the Project by the Co-financier. If the Loan Agreement specifies more than one such financing, “Co-financing” refers separately to each of such financings.

  • New Financing means the Indebtedness incurred or to be incurred by Holdings and its Subsidiaries under the Credit Documents (assuming the full utilization of the Revolving Commitments) and all other financings contemplated by the Credit Documents, in each case after giving effect to the Transaction and the incurrence of all financings in connection therewith.

  • Debt Financing has the meaning set forth in Section 5.7.

  • Bridge Financing means interim financing to cover Eligible Project Costs until DWSRF financing for the project is received from the State Water Board.