Development Effectiveness assesses the extent to which an IFC project achieved its intended development results and advanced private sector development. The rating is a synthesis – not an average – of project performance in five areas: strategic relevance, results including outputs, outcomes and impacts, and efficiency.
The Development Effectiveness score is a portfolio-level aggregated score that reflects the percentage of projects receiving positive ratings among all projects completed within a fiscal year. In FY19, 107 advisory projects were completed and assessed for Development Effectiveness ratings.
Advisory Services Development Effectiveness Score by Business Area (%), FY18 vs. FY19
1The business groupings are different from last year to reflect the re-alignment of Advisory Services. The FY18 data is also recalculated as the comparators.
2The FY18 and FY19 DE for TMT & Venture Investing and Environment, Social & Governance, and FY19 DE for Infrastructure & Natural Resources are based on less then five rated projects.
Advisory Services Development Effectiveness Score by Region (%), FY18 vs. FY19
Development Reach by IFC's Advisory Clients
| Portfolio | |||
|---|---|---|---|
| CY18 | |||
| Retail Payments and Mobile Banking | |||
| Number of non-cash retail transaction (million) | 295.8 | ||
| Value of non-cash retail transaction ($ billion)1 | 206.2 | ||
| Credit Infrastructure | |||
| Collateral registries of credit bureaus created or improved | 6 | ||
| SMEs and Microenterprises receiving loans secured with movable property | 999,379 | ||
| Financing facilitated ($billion) | 88.8 | ||
| Agribusiness | |||
| Farmers reached (million) | 0.6 | ||
| Corporate Governance | |||
| Financing facilitated ($million) | 326.0 | ||
| Energy and Resource Efficiency | |||
| Financing facilitated ($million)2 | 299.3 | ||
| People with access to improved services (million) | 7.5 | ||
| Public-Private Partnerships | |||
| PPP that reached commercial close | 14 | ||
| Private financing estimated at commercial close ($million) | 1568.4 | ||
| People expected with access to improved infrastructure and health services (million) | 21.6 | ||
| Improving Business Environment3 | |||
| Number of investment climate reforms | 52 | ||
| Direct compliance cost savings ($million) | 167.4 | ||
| Investment promotion ($million) | 237.5 | ||
1 The big increase compared to the results in last year's annual report is due to one project in China, which contributed 95% of the total CY18 results.
2 More than half of the CY18 results were contributed by closed projects through post-implementation monitoring.
3 AS program delivered through WBG Global Practices (GPs).
