International development, finance and environment

Just Economics has a portfolio of projects relating to international development, finance and the environment. Previous areas of work include evaluations of development finance institutions, value for money studies and  ICT4D evaluations. Our staff have particular expertise in the evaluation of private sector devleopment, infrastructure, climate finance and the intersection between these issues. 

International development, finance and environment
Forest
Evaluation of Finnfund: The Finnish Fund for Industrial Cooperation Ltd

Finnfund is a bilateral development finance institution (DFI) that provides finance to firms in developing countries with the aim of promoting social, environmental and economic development. Just Economics, in partnership with Particip GmbH, was commissioned by the Finnish Ministry of Foreign Affairs to evaluate Finnfund's historical performance and its strategy to 2025. 

Who we work with

  • Client Logo The Scottish Government
  • Client Logo British Telecoms
  • Client Logo Ucd
  • Client Logo Microsoft
  • Client Logo Cabinet Office
  • Client Logo Amnestry International
  • Client Logo University Of Maynooth
  • Client Logo Focus Ireland
  • Client Logo Womens Budget Group
  • Client Logo Iied
  • Oecd
  • Finnfund
  • Cmf2
  • Taoiseach Office
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Delivering Value

This analysis compares the social, environmental and economic impacts of diesel and electric vans with e-cargo bikes. It finds that diesel vans are 67 times more environmentally damaging when air, water and noise pollution as well as climate change are taken into consideration. When these environmental costs are combined with social costs, the report finds that the hidden costs associated with diesel van deliveries are £2.46 billion annually in London alone. 

Yet e-cargobikes are more expensive than vans on a like-for-like basis, incentivising consumers and businesses towards the least sustainable option. The research, commissioned by Team London Bridge and funded by Impact on Urban Health, explores the reasons for this and provides an estimate of fair pricing were a level playing field to exist between e-cargobikes and diesel vans. 

International development, finance and environment
Windfarm
Evaluation of the Nordic Development Fund

The Nordic Development Fund (NDF) is the joint development finance institution of the five Nordic countries. The objective of NDF's operations is to facilitate climate change investments, primarily in low-income countries.  NDF finances projects usually in cooperation with bilateral, multilateral and other development institutions. The operations mirror the Nordic countries’ priorities in the areas of climate change and development. 

This report assesses the social and environmental impact of NDF in the countries within which it invests, and makes recommendations to improve its development impact in the future. 

Cereal
Corn Fakes: The social and economic costs of the removal of micronutrients from Kellogg’s cereals

Since 2013, there is evidence that Kellogg's has been removing key mirconutrients from its breakfast cereals in Mexico. This report makes an economic assessment of the savings to Kelloggs and compares this to the cost to the health, well-being and development of Mexican society. It estimates that Kellogg’s saved $85 million USD over five years from this practice, whilst the minimum cumulative social cost to Mexico for the removal of just three key nutrients will be $250 million USD over five years. This means for every dollar that Kellogg’s saves by de-fortifying cereals it destroys at least three dollars in value to Mexican consumers. The report discusses the implications of this for Mexican society.

Mimi Thian 737012 Unsplash
Microsoft YouthSpark Evaluation

YouthSpark is a flagship programme of Microsoft Philanthropies that aims to enable young people around the world to learn digital and computer science skills. Just Economics was commissioned to evaluate the extent to which YouthSpark is achieving its mission and objectives. Using qualitative methods, over 100 stakeholders were engaged and site visits were conducted in the Middle East, Africa, Europe and Asia. The evaluation was commissioned to feed into Microsoft's strategic planning process and to inform its future strategy for YouthSpark. 

Iied Case Study Banner
Evaluation of the Nordic Development Fund

The Nordic Development Fund (NDF) is the joint development finance institution of the five Nordic countries. NDF is mandated to facilitate climate change investments primarily in low-income countries.  Just Economics, in partnership with Particip GmbH, has been commissioned to  assess whether the NDF's activities are consistent with its mandate and evaluate the extent to which its investments are having positive impacts. The evaluation will conclude in Spring 2019.