Download - The Multilateral Investment Fund
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The Multilateral Investment FundDecember 2009
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Outline
The Case for MIF Intervention
A Clear Focus
Going Forward
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Latin America faces a high levels of poverty coupled with significant disparities related to inequality in income
distribution…
• 130 million people in the region live on US$2 or less per day• An additional 83 million people struggle on the edge of poverty• The poorest 20% of the population have 2.9% of total income• The richest 20% of the population have 57.1% of total income
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
… and that poverty is marked by a gender, ethnicity and age bias
INDIGENOUS PEOPLE
WOMEN
YOUTH
URBAN/RURAL
•10% of the population in Latin America and Caribbean• 60 to 80% are poor
Source: Skoufias, E and Patrinos, H. 2007. World Bank report. Economic Opportunities for Indigenous Peoples in Latin America.
•11.5% unemployed vs. 7.1% for men (exclude informal work)•43.2% of women do not have disposable income vs. 21.7% of men
Source: United Nations, Economic Commission for Latin America and the Caribbean. 2008. “Social Panorama of Latin America”. U.N Commission on Women 2005.
• 60% of the poor live in urban areas but the poverty incidence -probability of being poor- is higher in rural areas (56% in rural areas vs. 28% in urban)
• Urban population grows at 1.7%; rural decreases by 0.4%/yearSource: World Bank, Urban Development Cluster website, 2009; Fay, Marianna. 2005. “The Urban Poor in Latin America”. The World Bank, Washington, D.C.
•106 million youth in LAC•22 million do not have access to education or jobs (20.75% of the LAC youth)
Source: United Nations, Economic Commission for Latin America and the Caribbean. 2008. “Social Panorama of Latin America”.
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Outline
The Case for MIF Intervention
A Clear Focus
Going Forward
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
A Clear Focus: Access
• In Latin America and the Caribbean region, the poor lack many things, but motivation, entrepreneurial drive, and intelligence are not among them
– What stops the region’s unemployed, micro-entrepreneurs and SMEs is a lack of ACCESS to key resources for the development of fruitful economic activity
• The MIF’s challenge is to level the ‘Access Playing Field’ to empower economic activity, growth and a way out of poverty
The MIF seeks to focus on “Equal ACCESS to economic activity”
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Resources needed for the development of fruitful economic activity
A central challenge for economic expansion and poverty reduction in the region is Access
Opportunity and successful economic activity are largely a function of Access
Prerequisites
• Access to Basic Services • Access to Finance• Access to Markets• Access to Skills and Capacity
Challenges along the way
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Outline
The Case for MIF Intervention
A Clear Focus
Going Forward
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
• Focus on specific areas where we can have the greatest impact– Have expertise– There is a clear need– Sufficient funding is not already provided by other donors– Can leverage knowledge, resources, partners and/or work with the IDB
• Be strategic. Each topic will have– Specific goals that define “success” e.g. Rotary Club - eliminating polio– Identified the actors needed to reach the following goal – A knowledge strategy; identify the knowledge products needed to influence those actors– A roadmap of projects that will create the necessary results and knowledge – A dissemination strategy; where, when and how to reach the key actors
How to focus on ACCESS
Access toBasic Services
Access to Skills and Capacity
Access toMarkets
Access toFinance
Focus on Access
Definition of Success Actors
Learning&
Knowledge Projects Dissemina
tion
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Going forward, to maximize MIF´s effectiveness…
The MIF will be focused on Access and …
• Impact• Knowledge and Learning• Dissemination
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
While the MIF has very specific indicators for each project, and is ahead of many, it needs to do more, and Donors are demanding more
• An integrative approach – impact / learning / knowledge / dissemination• Developing deeper expertise in key areas• Measuring performance more profoundly• Using innovative research methods• Sharing knowledge more broadly
The MIF “Access Lab” - The Next Way Forward
Initial funding for the “Access Lab” to come primarily from the Chinese Fund for Increasing Productivity and Promoting Inclusive Economic Growth, while an adequate
use of project and ultimately MIF resources ensures its sustainability
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
A multi-pronged approach
• Develop MIF impact indicators at 4 specific levels– The MIF as a whole– Each Access Area– Each topic within the Access Areas– Each project
• Increase amounts available for Impact Evaluation– Set aside more project funds– Evaluate 25 projects per year vs 7 today– Develop and participate in innovative evaluation and research
– International Initiative for Impact Evaluation– MIT Poverty Action Lab
MIF Access Lab - Focus on IMPACT
Focus on Impact
Impact Indicators
Impact Evaluation
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Make clear the MIF´s areas of focus, engage key partners and policymakers and help maximize the MIF´s impact
• Develop a dissemination strategy up-front for each access area and topic
• Use the convening power of the IDB
• Create a “knowledge repository” or “knowledge library”
• Take a larger role in the “dissemination component” of MIF projects
MIF Access Lab - Focus on KNOWLEDGE and DISSEMINATION
Focus on Knowledge and Dissemination
DisseminationStrategy
KnowledgeRepository
Capture and disseminateknowledge
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
• More Focused MIF – Access– Clear Positioning– Deeper Expertise
• More Empowered MIF– Knows its Accomplishments– A key Partner in its Topics
• More Influential MIF– A Leader– A Center of Knowledge and Excellence
The MIF “Access Lab” - The Next Way Forward
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
• Transversal topic– Have expertise– There is a clear need– Sufficient funding is not already provided by other donors– Can leverage knowledge, resources, partners and/or work with the IDB
• We have to work on – Specific goals that define “success”– Identified the actors needed to reach the goals– A knowledge strategy; identify the knowledge products needed to influence those actors– A roadmap of projects that will create the necessary results and knowledge – A dissemination strategy; where, when and how to reach the key actors
Corporate Social Responsibility and related topicsAccess to
Basic ServicesAccess to
Skills and CapacityAccess toMarkets
Access toFinance
Definition of Success Actors
Learning&
Knowledge Projects Dissemination
CSR
Economic inclusionUtilities ‘ CSR
Economic inclusionResponsible value chain
Economic inclusion Fair trade, organic, “ethical” markets
Base of the Pyramid in the financial sector
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
SocialEconomic inclusionSocial enterprises
EnvironmentalClimate change
Carbon management
Knowledge Learning platform
CSR ScorecardInter-American Conference
Improving the lives of lower income and vulnerable populations through economic inclusion
Promotion of CSR among the Region’s private sector
MULTILATERAL INVESTMENT FUND http://www.iadb.org/mif - [email protected]
Thank you.Questions?