I4DI is providing EBRD teams with  strategic support in the development and refinement of Theories of Change for their Transition Qualities (TQs) and Policy Engagements and the development of an improved impact mesaurement and reporting system. 

Along with investments in countries of operations, EBRD delivers a large number of Technical Cooperation (TC) projects and activities to support and facilitate improvements to the policy and business environment and attract private sector investment. In this context, the Bank sees the need for a consistent, flexible and robust approach to assessing the expected transition impact of its investments and policy engagements within its existing ex-ante assessment framework in order to achieve a greater alignment of its policy interventions with its investment work and better capture the impact it can potentially achieve from its policy and reform engagements.

I4DI has developed a comprehensive and systematic approach for capturing the expected impact of transition quality and policy engagement projects that are rooted in theories of change that cascade throughout investment levels from frameworks to projects.  I4DI is also putting in place a rightsized set of output, outcome and impact indicators at client, market and economy levels to ensure consistent measurement and improve EBRDs practices for monitoring, capturing, and evaluating the results of its transaction-linked projects and policy and reform engagements. 

Because of this, EBRD will be better positioned the assess the specific contribution of their activities to support systemic change and “close the transition gap” in cooperating countries. I4DI also provided introductory training on fundamental concepts of Theory of Change approaches to EBRD staff, testing the applicability of TQ-level TOCs for individual projects, and offering suggestions for improving the automated system used to assess and monitor the transition impact of EBRD investment projects.