Evaluation of FMO investment fund published

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The Dutch Ministry of Foreign Affairs has commissioned ADE to conduct an evaluation of the Infrastructure Development Fund (IDF) from 2002 to 2016.

The IDF is a fund from the Ministry managed by FMO, the Dutch Development Bank.

The evaluation aimed at reviewing the performance of IDF in terms of investments made, outputs measured and their development impact; and at assessing IDF’s business model, financial performance, governance and management.

The evaluation methodological approach included a series of tools including field missions to Bangladesh, Mozambique, Nicaragua and Tanzania. ADE also developed a specific Revolvability Model, aimed at assessing the financial sustainability of the Fund until 2028.

The evaluation report can be accessed through this link.


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Evaluation of FMO investment fund published