Innovative financing refers to a range of non-traditional mechanisms to raise additional funds for development aid through "innovative" projects such as micro-contributions, taxes, public-private partnerships and market-based financial transactions.[1]
As of the beginning of 2010, most of the existing innovative financing mechanisms were allocated for the health care sector in developing countries.[2] Innovative financing mechanisms have already raised US$2 billion over the past 3 years.[3]
^"Navin Girishankar(2009), Innovating Development Finance: From Financing Sources to Financial Solutions" (PDF). World Bank. Retrieved 20 January 2010.
^"Innovative financing to fund development: progress and prospects" (PDF). Organization for Economic Co-operation and Development. Retrieved 20 January 2010.
^"More money for health, and more health for the money, Taskforce on Innovative International Financing for Health Systems" (PDF). Taskforce on Innovative International Financing for Health Systems. Retrieved 20 January 2010.
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