IFC’s new project assessment tool elevates our focus on development impact to a new level. The Anticipated Impact Measurement and Monitoring (AIMM) system enables IFC to estimate the expected development impact of our projects—at their initial stage, when they are still being developed. This approach allows us to set ambitious yet achievable targets, select projects with the greatest potential for development impact and financial sustainability, and optimize project design.
With the system in place, IFC is better able to select a mix of projects that deliver both development impact and solid financial returns. It enables IFC to examine how projects promote objectives that underpin our efforts to create markets—by promoting competitiveness, resilience, integration within and across markets, inclusiveness, and sustainability.
The AIMM system enables IFC to assess an intervention’s project-level outcomes as well as its systemic effects on the overall market. It looks at how a project affects stakeholders and examines the broader effects on the economy and society.