FINANCE & ENVIRONMENT

Preserving and improving the environment are central to a modern, well-functioning market economy. Climate change mitigation and adaptation require substantial financing and expertise.

 

OUR APPROACH

Finance for Impact supports clients in long-term structuring and financing of projects for renewable power, energy efficiency, sustainable agriculture, green buildings and private sector adaptation to climate change. We provide services and solutions to design strategies and identify policy changes that align with environmental protection and restoration, and sustainable development; to build financing models and resource mobilization plans to drive funding towards environmental problems; and to open up new avenues for development finance and private capital to create a more sustainable world.

OUR AREAS OF INTERVENTION

We have worked in the following areas:

Environmental policy and evaluation

Blue economy and policy

Integrating ESG into financial operations

Guidance for the social and environmental screening and proofing

Scorecard and indicators for evaluation of ESG performance

Green bonds / social bonds

Measuring the impact of business activities on the ecosystem

Environmental risk and impact assessment

Designing standards for assessing unsustainable activities

Liability and damage estimation

Transferring climate change technology

Natural resource management

Disaster risk management

ESG research, environmental ethics

PROJECT SPOTLIGHTS

Guidance on Social Sustainability Screening and Proofing

European Commission
Europe

The European Commission mandated Finance for Impact to prepare the guidance for social screening and proofing of financing and investment operations under the InvestEU programme 2012-2027. Finance for Impact first identified specific strengths and weaknesses of existing social and environmental screening methodologies and procedures used by potential InvestEU implementing partners. Then, we outlined different options for developing a dedicated InvestEU social impact scorecard, which provides an overview of a potential investee’s social performance and generates a social investment score.

Accelerating the Transfer of Climate Technologies

UNEP
Global

Finance for Impact and a group of Sciences Po Paris researchers conducted research for UNEP and the Climate Technology Centre and Network. We analyzed the decision-making processes used by international financial institutions and private sector investors to invest in climate technology projects in developing countries. The team recommended approaches to favorably shape investment decisions in the future.

Blue Economy Development Framework

European Commission – EASME
Global

Finance for Impact, in a consortium with Ecorys, conducted conducted research to examine the sources of financing and investment of those ocean-related activities that run the risk of leading to unsustainable results and impacts. The objective was to provide recommendations to steer blue economy investments from unsustainable activities to sustainable ones that can in turn foster economic development in a responsible and sustainable manner.


FINANCE & GOVERNANCE

Good financial governance is at the heart of the development agenda. Countries and organizations with strong governance models grow more rapidly, deliver better services, attract more foreign and domestic investment.

 

OUR APPROACH

Finance for Impact provides the public and private sectors with services for assessing and managing performance; delivering effective results; strengthening transparency, accountability and financial integrity; helping design and implement efficient and resilient institutions; building a strong evidence base for policy making and learning; contributing to development impacts using evaluation.

OUR AREAS OF INTERVENTION

We provide an array of services for projects related to:

Rehabilitation of public services in conflict-affected countries

Local and municipal governance

Public financial management

Budgeting, public expenditure and financial accountability

Financial market stability and integrity

Code of ethics and anti-corruption

Fighting money-laundering and the financing of terrorism

Risk governance

Financial crime risks, investigations, assets recovery and valuation

Governance and rule of law

Dispute resolution system

PROJECT SPOTLIGHT

Managing for Development Results

ADB
Asian Countries

Finance for Impact participated in a corporate-wide evaluation of ADB’s performance in managing and reaching development results. The objective was to assess the adequacy of the results strategies and frameworks, the corporate scorecards, the development indicators, and the monitoring and reporting system. The report made recommendations for improvement in the results-based framework and the development effectiveness of the Bank.

Budgetary Discipline And Financial Management

AFD
Central African Republic

Finance for Impact provided support to the Ministry of the Economy, Plan and Development in Central African Republic (CAR) to implement public financial management practices for the National Recovery & Peace Building Transition Secretariat. The support aimed at putting in place budgetary discipline, strategic allocation of resources, and efficient service delivery for the Secretariat.

Public Financial Management Reform

European Commission
Pakistan

Finance for Impact conducted a review of the legal and institutional frameworks for public financial management in Pakistan, with a focus on education. The review included an in-depth analysis of the following areas: Budgetary flows, planning and preparation; adequacy of monitoring and financial and budgetary reporting systems, including internal, external controls and legislative oversight; and the effectiveness of management procedures for public procurement.


FINANCE & MARKETS

Financial markets and institutions channel funds, promote private sector development, ease trade and establish acceptable standards. They underpin economic growth, expand market opportunities and contribute to poverty reduction.

 

OUR APPROACH

Finance for Impact delivers services along the continuum of financial needs by working with businesses, investors and policymakers to identify market-based solutions. Our goal is to provide insights and solutions to solve complex development challenges, such as to determine which financial reform strategies create the most value; to increase the availability and affordability of financial services; to expand market opportunities and fund corporate growth; and to promote universal access to finance.

OUR AREAS OF INTERVENTION

Our in-depth understanding of financial markets and the private sector – forged by decades of experience – is the foundation of our services in these areas:

Financial and capital markets reform

Financial inclusion

Private sector development

Market assessment

Trade competitiveness and entrepreneurship

Trade finance, supply chain finance

Trust fund and pooled finance

SME finance, microfinance

Digital finance

Credit insurance and ECAs

Regional economic and financial integration

Internationalization and export promotion

Trade facilitation

Public-private partnerships

PROJECT SPOTLIGHT

Trade & Customs Modernization in South Asia

ADB
Bangladesh, Bhutan, Nepal

Finance for Impact conducted a review of the South Asia Subregional Economic Cooperation (SASEC) Trade Facilitation Program. This regional program supported Bangladesh, Bhutan and Nepal in their efforts to develop more efficient, transparent, and service-oriented Customs administration. We assessed the effectiveness of key reforms aimed at implementing automation systems for customs administration and trade information.

Improving Access to Finance

EBRD
Egypt & Morocco

Finance for Impact has received an EBRD mandate to investigate current constraints in the finance sector of Egypt and Morocco. Access to finance is recognized to be key to the future outlook of these countries, in particular for SMEs engaged in cross-border trade. This assessment provided an analysis of the key financial inclusion challenges faced by SMEs in the two countries; it made recommendations to enhance competitiveness among financial institutions and diversify financial services to respond to the market needs.

Survey and analysis on financial inclusion in Tunisia

European Investment Bank
Tunisia

Finance for Impact teamed up with Altai Consulting to conduct a large-scale survey and analysis on financial inclusion in Tunisia. The primary objective of the assignment is to define meaningful indicators and collect in-depth data needed to support the development of public policies aimed at enhancing financial inclusion. This study is sponsored by the European Investment Bank and several partners (The Ministry of Foreign Affairs of Luxembourg, the European Union and ADA).