What's New

October 11-12th, 2018: HIPSO 2018 Annual Meeting, Thessaloniki, Greece

Based on the Whole Group’s feedback and discussions, we agreed that the use of HIPSO indicators among participating IFIs has helped to reduce reporting costs for clients, who previously endured an unintended burden from the IFI’s different reporting requirements, and they have served as platform for knowledge sharing among IFIs and for the development of other linkages, for example to the IRIS catalog.

We now have an opportunity to build on the success of the HIPSO indicators to serve as a foundation for a new agenda, given the new opportunities and challenges in the development landscape for HIPSO IFIs. See agenda here.

April 6-7: The IFI Working Group on Indicator Harmonization met in The Hague, the Netherlands, hosted by FMO.

The IFI Working Group on Indicator Harmonization met on April 6-7 in The Hague, the Netherlands, hosted by FMO, to take stock of the experience with the HIPSO indicators so far and discuss a number of topics of common interest, including, among others, the challenges and opportunities offered by the emergence of the Sustainable Development Goals (SDGs), how to tackle the issue of attribution, the use of development indicators in steering business and the ex-ante estimation of development impact. Please see the agenda for full details.

All sessions stimulated rich discussions that allowed participants to exchange knowledge and best practices. Participants unanimously committed to continue using the platform offered by this group, originally coalesced around the objective of indicator harmonization, as a knowledge exchange forum and a venue where to make practical progress on how to approach common challenges.

March 2, 2017: IFC conference on Evaluating Development Impact of Private Sector Operations.

The first IFC-organized conference on evaluating the development impact of private sector operations was just held on March 2nd in Paris, France.  The conference was well-attended with participants from 24 organizations covering bilateral donors, MDBs, and IFIs.

See agenda for more details.  Besides good high energy discussions on methods and findings, a key outcome of the event was the expressed high level of interest within the community to come together to better meet the demand for evidence. The event was seen to be a new start for a more collaborative community around PSD evaluations, mindful of sometimes different individual organizational needs.  For more information, contact Deepa Chakrapani at DChakrapani@ifc.org or Christian Rosenholm at CRosenholm@ifc.org

June 26, 2016: CAF Development Bank of Latin America becomes the 26th IFI to be a party to the Indicator Harmonization Initiative.

CAF Development Bank of Latin America has joined the IFI Working Group on Indicator Harmonization and has become the 26th IFI to be a party to the Harmonized Indicators MoU.

November 24, 2015: Eleven Additional Indicators Added to the HIPSO List

Building on the 2013 MoU, the IFI Working Group on Indicator Harmonization has harmonized on an additional set of 11 indicators, in the form of an addendum to the MoU. These additional indicators are mostly qualitative, and focus on broad private sector development outcomes, bringing the HIPSO set to 38 indicators. HIPSO help reduce IFI clients’ reporting cost, and offer IFIs additional learning opportunities to understand the results delivered by their clients on the ground.

Photo Courtesy of NORFUND

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