How does the IFC measure the success of its projects?

The success of International Finance Corporation (IFC) projects is measured through comprehensive monitoring and evaluation. This approach goes beyond a simple assessment of financial returns or project completion. It involves a holistic examination of various dimensions, including social, environmental, and economic impacts.

Comprehensive monitoring and evaluation allow the IFC to gather data over the life of a project, assess its effectiveness, and understand its influence on the communities and markets it aims to serve. This method supports learning and improvement, ensuring that lessons learned from one project can inform future initiatives. It encompasses diverse tools and indicators, providing a richer context for measuring success rather than relying on isolated metrics.

While stakeholder surveys and project completion reports are valuable aspects, they are parts of the broader monitoring and evaluation process, which strategically analyzes project performance in line with the IFC’s development objectives.