Octavia Hill by Ruskin, conceived of a trust that could buy and preserve places of natural beauty and historic interest for the nation. On 16 November 1893, Hill, Hunter and Rawnsley met in the offices of the Commons Preservation Society and agreed to launch such a trust. Hill suggested that it should be called "The Commons and Gardens Trust", but the three agreed to adopt Hunter's suggested title, the "National Trust". Under its full formal title, the National Trust for Places of Historic Interest or Natural Beauty was inaugurated the following year. The trust was concerned primarily with protecting open spaces and
Development impact bond Instiglio became the first specialized intermediary founded to adapt development impact bonds and social impact bonds to the unique challenges of low and middle-income countries. In June 2014, Instiglio, Children's Investment Fund Foundation (CIFF), Educate Girls, IDinsight and UBS Optimus Foundation launched the first Development Impact Bond. The objective of the DIB is to reduce the gender gap in education in Rural India by getting girls into school and learning. UBS is providing an investment to an Indian NGO, Educate Girls. After three years, CIFF (the outcome payer) will pay based on enrollment and learning outcomes that IDinsight will evaluate