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www.enterprise-development.org 1
- Overview of key findings from DCED
study on fund managers and assessing attributable impact
- Audience views on the role of different
actors in assessing attribution
impact investments www.enterprise-development.org 1 o Overview of - - PowerPoint PPT Presentation
impact investments www.enterprise-development.org 1 o Overview of - - PowerPoint PPT Presentation
Assessing the causal attribution of impact investments www.enterprise-development.org 1 o Overview of key findings from DCED Todays study on fund managers and assessing attributable impact session o Audience views on the role of different
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- 1. Articulating the results chain
- 2. Defining indicators of change
- 3. Measuring attributable
change
- 4. Capturing wider changes in
the system or market
- 5. Tracking costs and impact
- 6. Reporting costs and results
- 7. Managing the system for
results measurement
DCED Standard for Results Measurement
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to better understand the current level of sophistication among impact investing fund managers in attributing results
Study aim
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The positive and negative changes produced by an investment, directly or indirectly, intended or unintended. This involves the main impacts acts and effects resulting from the investment on the local social, economic, environmental and other development indicators.
Definition: Impact
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No No common common de definition inition “determining which portion of results of an invested company or portfolio of companies is due to the activities of an investor (financial capital and non- financial value adding activities), taking into account other investors and external factors that may have influenced the achievement of the results.”
Definition: attribution
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www.enterprise-development.org 7
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Key findings
Fund managers are part
- f a value chain, which
influences their IMM
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www.enterprise-development.org 9
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Key findings
Fund managers recognise the relevance and potential benefit of assessing causal attribution
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Key findings
BUT the hurdles currently
- utweigh the benefits
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Key findings
AND few fund managers are assessing attribution
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Audience views
Which impact investing value chain actors are responsible for assessing the causal attribution of an impact investment?
1
What quality of IMM should these actors use? In what circumstances?
2
How transparent should each actor be in their definition of impact?
3
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ADD: resources and experience, case studies, exchange of practitioners at the global seminars, standards training etc.
Learning together
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www.enterprise-development.org 15
▪ Donna Loveridge, DCED
Loveridge@enterprise-development.org
▪ Birgit Seibel, GIZ
birgit.seibel@giz.de
To find out more about the DCED and GIZ:
www.enterprise.development.org https://www.giz.de/en/html/index.html
Contact details
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www.enterprise-development.org 16
More information
Attributing results in impact investing: https://www.enterprise-development.org/wp-content/uploads/DCED- Report-on-Attribution-in-Results-Measurement-for-Impact-Investors.pdf Measurement valued by investees: https://www.enterprise-development.org/wp-content/uploads/DCED-RM- investee-measurement-report.pdf Results measurement in impact investing – a preliminary review: https://www.enterprise-development.org/wp-content/uploads/DCED-RM- in-Impact-Investing-Review.pdf
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www.enterprise-development.org 17
Clic ick her ere e on
- n th
the e webs ebsit ite e for
- r grea
eat t resou esources ces on
- n th
the e DC DCED ED S Sta tand ndar ard
More information
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▪
The DCED: A global forum of 24 donor and development agencies
▪
Working to increase the effectiveness of private sector development in developing countries by:
Exchanging experience on current practice, new trends;
Synthesising knowledge on what works; and
Developing common guidance on effective practice
www.enterprise-development.org 18