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
|Retail Payments and Mobile Banking|
|Number of non-cash retail transaction (million)||295.8|
|Value of non-cash retail transaction ($ billion)1||206.2|
|Collateral registries of credit bureaus created or improved||6|
|SMEs and Microenterprises receiving loans secured with movable property||999,379|
|Financing facilitated ($billion)||88.8|
|Farmers reached (million)||0.6|
|Financing facilitated ($million)||326.0|
|Energy and Resource Efficiency|
|Financing facilitated ($million)2||299.3|
|People with access to improved services (million)||7.5|
|PPP that reached commercial close||14|
|Private financing estimated at commercial close ($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).