Impact Management
21. Evaluations
Survey question
Does the DFI have a policy on evaluation of investments?
Does the DFI disclose the evaluations it conducts?
Definition
An evaluation policy outlines the DFIs approach to conducting evaluations, the level at which evaluations will occur (e.g. sector, region, country), and the factors that determine whether or not an investment will be evaluated.
Evaluations could be activity-level or sectors/countries/investment instruments evaluations depending on the DFI’s evaluation policy. Evaluation and review documents consider, for example, what the activity/activities achieved, whether the intended objectives were met, what the major factors influencing the achievement or non-achievement of the objectives were and an assessment of the impact, effect and value of the activity/activities. This information may be on a specific evaluation section of the organisation’s website.
Additional definitions and notes
Not all organisations carry out formal evaluations for all their activities. In cases where an evaluation has not occurred this should be clearly stated.