Harmonisation of impact measurement is needed to improve the transparency, comparability and learning required to achieve the Sustainable Development Goals (SDGs). Achieving this across a diverse group of organisations is challenging. A group of international finance institutions (IFIs) has joined up with Steward Redqueen to develop a harmonised tool to measure and report on indirect economic and environmental impacts of their investments.
In a contribution to the EDFI-ODI DFI essay series our Director Sabine Dankbaar, together with Giulia D. Debernardini (FMO) and Aneese Lelijveld (CDC), shares lessons learned from developing the Joint Impact Model (JIM), a tool to measure the socio-economic and environmental impact of a portfolio of investments in a harmonised way.
Read the full essay here.