Early-Stage Evaluation of International Finance Corporation Platforms Approach

Addressing Development Challenges at Scale

In December 2022, the International Finance Corporation (IFC) redefined platforms as a mechanism for scaling new business development. This is an early-stage evaluation assessing IFC’s platforms approach through the lens of all seven platforms introduced between fiscal years 2017 and 2022.

Data sorting. Big data analytics stream. Information classification. Photo: Amiak/ShutterStock
Published:
Start reading Download report
DOI:
10.1596/IEG197066

As an early-stage evaluation, the report did not examine the profitability or development impact of the platforms currently underway. Rather, it assessed the extent to which IFC platforms achieved their stated objectives, including:

  • Responding to crisis at scale
  • Engaging with small and new clients, and in new sectors
  • Engaging with clients of the International Development Association (IDA), the World Bank’s fund for the poorest countries, and in fragile and conflict situations

The evaluation also assessed the extent to which IFC’s platforms approach meets expectations on oversight, reporting, and efficiency gains while balancing risks and benefits to enhance trust over time.

It also provides insights derived from focus group discussions of early experience to assist IFC in shaping the future use of platforms to address crises and global challenges and to reach new and small clients and markets.

The evaluation makes two recommendations on the future use of platforms and on platform reporting and monitoring. 

 

Start reading

FILTER BY