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Pathways for Longevity: Silver Economy solutions towards a result-based financing strategy

The proposed initiative aims to address challenges of rapid demographic change, specifically in physical and mental health and welfare of older people, such as long-term care, frailty prevention, skill training, employment generation, and entrepreneurship, applying breakthrough innovations and disruptive technologies and improving access to health services and the quality of aging. The specific objectives will be to pilot innovative solutions to enhance the well-being of adults over 60 living in poor and vulnerable conditions and to design the payment-for-results scheme toward sustainability and scalability.The proposed initiative aims to address challenges of rapid demographic change applying breakthrough innovations and disruptive technologies and improving access to health services and the quality of aging. The specific objectives will be to pilot innovative solutions to improve the well-being of adults over 60 living in poor and vulnerable conditions and to design the payment-for-results scheme toward sustainability and scalability.

Project Detail

Country

Costa Rica

Project Number

CR-T1305

Approval Date

-

Project Status

Preparation

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

PENSIONS & SOCIAL SECURITY

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 2,753,000.00

Country Counterpart Financing

USD 353,000.00

Original Amount Approved

USD 800,000.00

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