Mobilizing the Private Sector

Abstract

In recent years, public sector funding, in general, and for the support of activities in developing countries, in particular, has become more and more ‘results’ and ‘performance’ oriented. The Governing Instrument of the recently established Green Climate Fund (GCF), for example, tasks the GCF Board with establishing ‘a framework for the monitoring and evaluation of performance … of activities supported by the Fund’ and approving a ‘results measurement framework with guidelines and appropriate performance indicators’. There are different methods by which performance can be ‘indicated’ (or even ‘measured’) in this context. The World Bank, for example, uses Country Performance Ratings which are based on its Country Policy and Institutional Assessment (CPIA) and country implementation performance indices based on its Annual Report on Portfolio Performance. In the CPIA, countries are assessed with respect to 16 different criteria in terms of a largely qualitative 6-level ranking. The focus of this brief, however, is on activities that are associated with quantitative performance indicators, i.e. performance assessed in terms of measured quantities − such as tonnes (of carbon), kWh, or hectares − as carried out by the private sector.

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