Bob Picciotto's blog

Objectives-Based Evaluation (OBE) for impact investing

Bob Picciotto's picture 13th October 2020 by Bob Picciotto

Bob Picciotto is a former Director General of the Independent Evaluation Group which oversees evaluation in the International Finance Corporation, an agency dedicated to the promotion of private sector development in developing countries. In this guest blog, he argues that the ethical investment community has much to learn from the Objectives-Based Evaluation (OBE) approach used by the multilateral development banks: OBE rates social and environmental sustainability performance as well as economic and financial returns.