2024 ANNUAL MEETING: 4-5 JUNE

/in /by

Harnessing new trends and approaches in impact management

Venue: British International Investment (BII), 123 Victoria Street. London SW1E 6DE. United Kingdom

CONTEXT FOR THE MEETING

  • Background:

Over the past couple of years, HIPSO’s menu of metrics has increased from 38 to 150 plus fit-for-purpose sector and thematic indicators, to match the ever-growing need of our members and partners. The partnership has recently finalized and enhanced metrics for the health & education, and agribusiness sectors; and added digital and disruptive technologies indicators to its catalog.

Beyond the metrics, HIPSO continues to nurture a culture of sharing knowledge and learning amongst its partners to include: impact management systems, theories of change, external reporting, data collection processes and more. Most importantly there is great value in comparing notes and trying to narrow down our differences and achieve better understanding of the common challenges that the DFIs have been facing in impact measurement for private sector operations.

Also, there is crucial need to have a platform for in-depth discussions among practitioners on cutting-edge impact evaluation methods and techniques used to assess private sector operations. This would include sharing knowledge and experiences in applying a variety of rigorous methodologies - traditional and new cutting-edge, to assess projects since early stages (ex- ante), as well as to gather evidence and manage results throughout implementation and at completion to promote learning and accountability.

Given the context above, the objectives and expected outcomes of the event are:

  • Objectives of the meeting:

(i) Focused discussions on trends and new developments in selected sectors and thematic areas for example in the financial sector, and jobs; (ii) report back on the efforts made to strengthen the depth and coverage of the HIPSO indicators; (iii) understand the extent to which the new HIPSO metrics have been implemented by member institutions, for example in scorecards in an effort to enhance common reporting and learning. This includes discussing the challenges impeding the use of the metrics; (iv) compare notes and learn from traditional and cutting-edge methodologies used for impact evaluation and assessment studies; and (v) discuss ways to deepen collaboration efforts with private sector partners for example with GIIN.

  • Expected outcomes:
  • Common understanding of the trends and new developments in various sectors and thematic areas.
  • Better understanding and assessment of the extent to which new metrics are being used in DFIs’ impact frameworks.
  • Sharing knowledge on traditional and innovative approaches to results measurement and impact evaluation for private sector operations.
  • Strengthened partnership and cooperation amongst HIPSO members and private sector partners.