Countries with strong governance models grow more rapidly, deliver better services, attract more investment.

Finance for Impact supports clients to help them build capable, efficient, open, inclusive, and accountable institutions. Countries with strong institutions prosper by creating an environment that facilitates private sector growth, delivers valuable services to citizens and reduces poverty.

Public sector performance

Public financial management & budgeting

Public expenditure and financial accountability

Modernization and efficiency of public administration

Results-based financing/lending

Enhancing service delivery

Governance and rule of law

Fighting corruption, money-laundering, terrorist financing

Spotlights on selected projects


Public Financial Management Reform

European Commission

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.


Effectiveness of the PEFA Framework

World Bank

Finance for Impact, along with a research team from Sciences Po Paris, analyzed how well the Public Expenditure and Financial Accountability (PEFA) framework served as a catalyst for reforming public financial management in selected transition economies (Case studies were drawn from an analysis of PEFA assessments in 15 countries). The study showed that the PEFA framework is a widely used measuring tool that is well accepted by donors and recipient countries.

Central African Republic

Budgetary Discipline And Financial Management


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.

European Countries

Anti-Money Laundering and Terrorist Financing

Council of Europe

Finance for Impact provided guidance to the Action against Crime Department (Economic Crime Cooperation Unit) on the National Risk Assessment (NRA) methodology. We provided a series of economic and financial indicators to be used in the assessment of money laundering and terrorist financing risks.  We provided typologies of products to be monitored in the banking and securities sectors.

Asian Countries

Managing for Development Results


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.


Effectiveness of the Ottawa Convention to Ban Mines

French Government

Finance for Impact and Cabinet ECs conducted the global evaluation of the French landmines policy under the Ottawa Convention. We formulated recommendations on strategic alignment of the policy under the Convention and scenarios to take policy actions to ban cluster munitions. We reviewed the governance mechanisms, the fund mobilization strategies and the efficiency and effectiveness of actions.


Development Banks as Knowledge Institutions

ADB and other IFIs

Finance for Impact prepared a report providing evidence on the institutional efforts made to strengthen knowledge management in several multilateral organizations (AfDB, ADB, IDB, IFAD, IMF and World Bank). The report pointed out to a significant number of problems with the way in which development banks and multilateral institutions manage and operationalize their knowledge agendas, research work and the production of studies.

Various Countries

Audit of the Bureau for Crisis Prevention-Recovery


We participated to the in-depth review of the BCPR at the global level and focused investigations on the governance model, the fund allocation for the various service lines, budget planning, and resource mobilization. We conducted field work on the efficiency of an ex-combatants Disarmament, Demobilization and Reintegration (DDR) program seeking to support the peace process in Central African Republic.

Various Countries

Effectiveness of Results-Based Management


We evaluated the results-based management (RBM) program, including its policy orientations and management structure, its efficiency and effectiveness, and its impacts on the organization. We made recommendations on how to improve the delivery of training programs. After budget  analysis, we indicated that limited human and financial resources may weaken the long-term sustainability of the RBM training programs and we provided recommendations on the funding mechanism.

Palestinian Territories

Evaluating the Municipal Development and Lending Fund


Finance for Impact reviewed the efficiency and effectiveness of the Municipal Development and Lending Fund. We analyzed the strategy for the financing of infrastructure projects with local governments. Our recommendations were targeted to the strengthening of the lending function and the implementation of a business model for the financing of new projects leading to longer term impacts in specific sectors of the economy.


Strengthening Co-financing Strategies and Operations


Finance for Impact conducted a performance review of co-financing operations of AFD and ADB. We analyzed the convergence of strategic mandates for the two organizations to promote a greater coherence of investments in the future. We reviewed the existing co-financing operational arrangements to seek more efficiency. We proposed new sectors of intervention, in particular in climate change and energy efficiency. A workshop for AFD and ADB senior management was organized.


Governance Arrangements for Structural Funds

French Government

We reviewed the governing arrangements for European structural funds policies in France and in selected European regions. The review included the management of public expenditures, the reporting framework, the basis of project selection, the costs of transaction and the internal controls over EU assistance. We prepared key recommendations for a strategy to improve the use and coverage of structural funds.