This Inception Report describes our proposed approach to the longitudinal evaluation of CDC’s ability to mobilise private investment. The primary aims of the evaluation are to understand:
- The drivers of direct mobilisation, demonstration effects and investor sentiment in key markets and sectors
- How the activities that CDC undertakes affect these different forms of mobilisation and market sentiment, including the relative importance of these activities
- How both 1 and 2 are affected by the nature of investment and the investment context
- How CDC could increase its ability to mobilise private investment, and what DFID and other development actors could do to support this
- Whether CDC’s and other DFIs’ activities in target markets create observable macroeconomic effects
There is no one way to definitely answer these research questions. Rather, we will build a cumulative weight of evidence, where our level of understanding and the confidence we have in this grows over time. Over the course of the 10-year study, we will deliver a number of interconnected studies that combine to provide the evidence base.
