Why is measuring development impact critical to #FinancingtheSDGs?
In addition to being accountable to their shareholders regarding use of capital and ensuring positive financial performance, National Development Banks (NDBs) are also responsible for the development impact which arises from their interventions.
Development impact reporting has strategic accountability and reputation functions, in addition to assessing a NDB’s alignment with its Vision, Mission, corporate strategy, and mandates. This can enhance the credibility of a NDB with its governance and other financiers, increasing its ability to attract external