The Anticipated Impact Measurement and Monitoring (AIMM) system, launched in July 2017, is IFC’s development impact rating system. Potential projects are rated and selected on the basis of their expected development outcomes. This approach enables us to set ambitious yet achievable targets, select projects with the greatest potential for development impact, and optimize project design.
The AIMM system enables IFC to assess a project’s outcomes as well as its effect on market creation. It looks at how project beneficiaries — including employees, customers, and suppliers — are affected. It also examines broader effects on the economy and society. With the AIMM system, IFC can examine how a project promotes objectives that contribute to the creation of markets — by enhancing competitiveness, resilience, integration, inclusiveness, and sustainability.
Ultimately, the system helps IFC maintain a line of sight from our intermediate objectives to the World Bank Group’s twin goals and the UN Sustainable Development Goals.
The AIMM system incorporates country context in all of its assessments and captures greater development impact potential in projects that seek to address the widest gaps in the most difficult environments. IFC has developed sector frameworks that provide the analytical support to facilitate the assessment of a project’s expected outcomes and contribution to market creation. Sector frameworks present the development impact thesis that motivates IFC’s involvement in a sector.
Projects Assessed and Scored
IFC has now assessed more than 750 investment projects for their expected development impact and assigned ex-ante — or expected — AIMM scores to each of them. Ex-ante AIMM scores are fully integrated into investment teams’ decision making, allowing IFC managers to weigh development impact considerations against a range of strategic objectives, including return, risk, country, and thematic priorities.
During FY19, IFC committed 187 projects that were scored for ex-ante development impact using the AIMM system. The average ex-ante AIMM score for these projects was 64, or “good.” The share of AIMM-scored projects that were rated “very strong” for ex-ante market creation potential totaled 12 percent.
Average AIMM Scores for Committed Projects in IDA/FCS Countries and for Blended Finance
| DESCRIPTION | AVERAGE AIMM SCORE |
|---|---|
| Committed Projects in FCS countries | 69 |
| Committed Projects in FCS/LIC/IDA17 countries | 70 |
| Committed Projects in IDA countries | 68 |
| Committed projects using blended finance | 76 |
FY19 committed Projects: Ex-Ante AIMM Score
| BY REGION | NUMBER OF PROJECTS SCORED |
AIMM SCORE AVERAGE |
RATED VERY STRONG MARKET |
|
|---|---|---|---|---|
| Sub-Saharan Africa | 44 | 66 | 8 | 18% |
| Latin America and the Caribbean | 38 | 59 | 4 | 11% |
| East Asia and the Pacific | 37 | 64 | 5 | 14% |
| Middle East and North Africa | 12 | 56 | 2 | 17% |
| Europe and Central Asia | 14 | 62 | 2 | 14% |
| Global | 8 | 70 | 2 | 25% |
| South Asia | 34 | 69 | 0 | 0% |
| BY INDUSTRY | NUMBER OF PROJECTS SCORED |
AIMM SCORE AVERAGE |
RATED VERY STRONG MARKET |
|
|---|---|---|---|---|
| Manufacturing, Agribusiness, and Services |
63 | 63 | 3 | 5% |
| Financial Institutions Group | 84 | 61 | 8 | 10% |
| Infrastructure and Natural Resources |
19 | 67 | 4 | 21% |
| Telecom, Media, Technology, and Venture Investing |
34 | 71 | 10 | 29% |
