Impact Measurement and Management (IMM)

Our people are committed and passionate about improving lives in Latin America and the Caribbean, and they get to do what they love in a diverse, collaborative and stimulating work environment. At the IDB, we’re committed to improving lives. Since 1959, we’ve been a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean. We do more than lending though. We partner with our 48-member countries to provide Latin America and the Caribbean with cutting-edge research about relevant development issues, policy advice to inform their decisions, and technical assistance to improve on the planning and execution of projects. For this, we need people who not only have the right skills but also are passionate about improving lives.

Learning goals

1. Recognize the fundamental concepts of Impact Measurement and Management (IMM) and their role within the investment cycle.
2. Recognize the positive and negative impacts that investments (new or existing) can generate on society and the environment.
3. Identify relevant IMM tools and processes to be used across different stages of the investment cycle to manage impact of future or existing investments.
4. Identify relevant impact metrics for measuring the performance of investment portfolios so that fund managers/financial institutions can meet the requirements of their impact investors/funders. 

Learning experience and activities

The course was developed in a self-paced format and includes three training modules delivered through an autonomous learning methodology, which comprised the following:

• Text and multimedia presentations that introduce key concepts to support learning.
• Interactive activities within the course to assess knowledge and understanding.
• Formative quizzes in each module to monitor progress.
• Infographics with key takeaways.
• A final assessment quiz.

Content/Topics

Module 1 - Defining Impact and Its Effects - Introduction to Impact Measurement and Management (IMM) - ABC of Impact

Module 2 - Landscape of Principles, Standards and Frameworks - The Five Dimensions of Impact: Overview - The Five Dimensions of Impact: putting all together - IRIS+: Overview

Module 3 - Overview of key impact activities and tools along each phase of the investment cycle - Introduction to Operating Principles for Impact Management and related tools across the investment cycle

Assessment description

There are several formative assessment checkpoints integrated into the course at the end of each module, which must be completed to progress through the training.

The participant has demonstrated sufficient knowledge to pass the course by successfully completing a comprehensive final assessment consisting of 10 questions, with a minimum passing score of 75 out of 100. The participant may attempt the test up to three times.

Estimated effort

It should take approximately 8 hours to complete this course. The actual time may vary depending on each learner.

Badge type

Assessment badge