Launch of the evaluation of two investment funds managed by FMO, focusing on agriculture and energy

Date
18/01/2024
Key words
  • Private sector development
  • Agricultural value chains
  • Environment and climate change
  • Development cooperation

ADE’s team travelled to The Hague to kick off the Mid-Term Evaluation of both the Building Prospects and Access to Energy Funds. These are funded by the Dutch Ministry of Foreign Affairs and managed by the Dutch development bank FMO. The evaluation notably examines the Funds’ effectiveness, additionality and coherence, and their alignment with the Ministry’s policy priorities and FMO’s development architecture.

ADE’s team travelled to The Hague to kick off the Mid-Term Evaluation of both the Building Prospects (BP) and Access to Energy (AEF) Funds. These are funded by the Dutch Ministry of Foreign Affairs and managed by the Dutch development bank FMO.

The BP Fund aims to stimulate private sector development and job creation notably in agriculture, while the AEF seeks to improve energy access by expanding renewable energy generation in underserved markets.

The evaluation examines the Funds’ effectiveness, additionality and coherence, and their alignment with the Ministry’s policy priorities and FMO’s development architecture.

This evaluation builds on ADE’s long-standing expertise in blended finance, including the 2018 evaluation of the Infrastructure Development Fund (IDF) which was BP’s predecessor.

Related news items