Written by ANDE's Director of Research and Impact, this article gives an overview of why to measure impact, what to measure, how to collect data, and practical considerations for putting impact data into practice.
"The international community is focusing ever-greater attention on green and inclusive business (GIB) models. But, while their relevance for solving social and environmental solutions is increasingly accepted, the question of how to support GIB models in development cooperation programmes is less clear. This Green and Inclusive Business Toolbox attempts to provide some options to tackle this issue. This toolbox defines green and inclusive business (GIB) models and describes the major challenges and opportunities GIBs face. It contains various examples of best practices regarding approaches from GIZ projects that work in the field of promoting green and inclusive businesses. The Green and Inclusive Business Toolbox aims to provide planning officers, project leaders and staff involved in private sector development and other sector projects with a set of tried-and-tested tools."
"This guide is aimed at helping companies interested in developing business relationships with smallholders. It provides a framework that identi!es common challenges, highlights solutions and shows how these can be implemented through cooperation at different levels. In this way, the guide aims to support company representatives engaging in inclusive agribusiness practices with practical tools and a comprehensive overview of potential solutions and collaborative approaches. Practitioners from development agencies, non-governmental organisations (NGOs), intermediaries and other organisations working to develop and support inclusive agribusiness will also find useful insights here.
The guide can also prove useful for those in related businesses. Agribusiness companies that own land and lease it to smallholders, or which themselves farm the land of smallholders, can also learn about core challenges, organisational models and options for strategic action. Companies offering services to smallholders, including financial, advisory, information or communication services can use the guide to identify how their offers complement other business models."
"This guide leads the reader through the process of observing, analysing and visualising the entrepreneurial ecosystem - meaning the entrepreneurs' environment including the surrounding institutions, actors and prevailing culture - a process referred to as 'mapping'. Such mapping enables the exploration of gaps and constraints and facilitates decisions on measures that are most relevant to improve the entrepreneurial environment in a given context.
This guide explicitly addresses those implementing development programmes that are operating in, or intend to conduct activities in, the field of entrepreneurship and the promotion of growth-oriented MSMEs."
"The guide provides investors with a basic overview of social metrics for impact investing, an outline of the issues and challenges of social impact measurement, a summary of existing social impact measurement tools and a description of how they are being used, and a set of diagnostic tools to help investors think through key questions and issues related to measurement."
"The impact measurement guidelines were developed by a Working Group on Impact Measurement, launched as part of the G8 Social Investment Taskforce at the G8 Summit in London, 2013. The guidelines outline impact measurement best practices for impact investors and the "impact organizations" (i.e., investees) they work with. The Guidelines for Good Impact Practice were developed to be practical in nature, broadly applicable, adaptable to the unique goals and internal/external context in which an investor operates, and - importantly - designed to be applicable at a portfolio, deal, and enterprise level. This work builds significantly on the work of the EVPA and aligns with recently adopted European Standard for Social Impact."
"The Global Value Exchange (GVE) is an online platform developed by Social Value UK that allows users to set up their own projects, start to monitor the social value they are creating, and helps them to manage and maximise their social value."
"A consistent approach to impact calculations allows companies, investors, policymakers, multi-lateral institutions, non-government organizations, and other sector stakeholders to estimate the impacts created by off-grid solar in a consistent, clear, and coherent manner. The metrics help build the evidence base for the many benefits that off-grid solar lighting and high-performing appliances unlock for people previously living in energy poverty."
"Gender equality and female empowerment play a key role in achieving effective and sustainable development outcomes. ACDI/VOCA's GenderFirst approach enables an organization's staff and partners to identify and prioritize program interventions with the most potential to reduce gender equality gaps in households, communities and markets. Through this framework, ACDI/VOCA focuses on reducing gender-based constraints, improving social dynamics, and creating environments in which all people can thrive, while ensuring that activities "do no harm" to participants. GenderFirst tools and resources can be adapted based on program objectives and customized to address the unique needs of communities, taking context-specific dynamics and realities into consideration."
"The Gender Lens Incubation and Acceleration (GLIA) toolkit is an interactive resource, to guide accelerators and incubators (or 'intermediaries') through the journey of uncovering how our activities impact, and are experienced by, different gendered groups. This toolkit will equip us as intermediaries with the mindset, strategies, and frameworks to amend and improve both our organisation and program to increase accessibility and inclusivity of our work by all genders."