International development and finance

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. 

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Forest

The Finnfund evaluation set out to assess Finnfund’s historical performance, the extent to which it has followed its mandate and annual guidance, and the likelihood that the 2018-2025 strategy will achieve its objectives across two phases. Phase 1 reviewed Finnfund’s record on development impact, and alignment with its mandate. Phase 2 appraised the future strategy based on fieldwork in three countries in Latin America and Africa.


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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.

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