Congratulations Lucho! Finally … a married man!

Innovations in Measuring Impacts in Market and Financial Systems: Rethinking the Current Paradigm Introduction and Background

Financial Services Association Development Enterprise and Market Development Market Facilitation Initiative (MaFI) “MaFI-festo” Systemic M&E Initiative

MaFI-festo 1.Changing how we work in the field 2.Balancing flexibility and accountability 3.Building the capacity of facilitators 4.Changing what and how we measure change

MaFI-festo 1.Changing how we work in the field 2.Balancing flexibility and accountability 3.Building the capacity of facilitators 4.Changing what and how we measure change – Focus on structural and deeper change – Focus on “systemic beneficiaries” – Monitor and evaluate the facilitation system

Why systemic M&E? Markets and financial systems are complex and constantly changing Project interventions often lead to unforeseen or unanticipated outcomes Dynamics and non-linear behavior of market systems create specific challenges for understanding change promoted by development interventions

What is systemic M&E? Recent research in complex social systems improves our understanding of how market and financial systems work Systemic M&E is learning from systems thinking and complexity research

What is systemic M&E? Systemic M&E tries to answer the questions – How do project interventions change structural characteristics of the market system? – How does this translate to the level of the beneficiaries? Systemic M&E delivers relevant information in real time to help project managers to navigate unforeseen changes and adapt interventions

Systemic M&E Discussion Paper Three issues 1.Focus on our direct effects on the poor 2.Focus on extraction of information and accountability to the donors 3.Sustainability understood as longevity of our legacy

Systemic M&E Discussion Paper Four principles 1.In systemic interventions, all beneficiaries are indirect beneficiaries 2.The deeper the systemic change, the larger and longer lasting the effects 3.The actors with whom the facilitator collaborates change the market system 4.Complex systems behave in unpredictable ways and are sensitive to the presence of the project

Way forward Show that systemic M&E does not need to be abstract or complicated and that is already happening in different shapes and forms and in a several different contexts

Webinar Speakers Mike Field, Senior Market System Specialist at Adam Smith International Stacey Young, Senior Learning Advisor at USAID Kate Lauer, Policy Advisory Consultant to CGAP Eelke Wielinga, consultant and professor of network dynamics at Wageningen Business School and the Management for Development Foundation