Evaluating financial and development additionality in blended finance operations

Ole Winckler Andersen, Henrik Hansen and John Rand

No 91, OECD Development Co-operation Working Papers from OECD Publishing

Abstract: This paper clarifies the various definitions of additionality currently in use, and explores the relationship between additionality and key evaluation terms, such as impact and causality. It concludes that additionality should be assessed both ex ante and ex post, and that the presence of additionality will depend on institutional structures and on how different public and private interests are addressed. The paper further argues that the relevance of evaluation methods will depend not only on the applied financial and non-financial instruments but also on the types and dimensions of additionality to be evaluated. Several examples of different approaches to assessing additionality are analysed.The analysis provides a useful foundation for thinking through these issues, and will be of interest to both evaluation and blended finance actors.This paper is the second in a series of three working papers from the OECD/DAC EvalNet Working Group on Evaluating Blended Finance.

Keywords: additionality; assesment; blended finance; evaluation methods; impact; ODA; private finance (search for similar items in EconPapers)
JEL-codes: E43 O16 Q01 (search for similar items in EconPapers)
Date: 2021-02-17
New Economics Papers: this item is included in nep-mac
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://doi.org/10.1787/a13bf17d-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:dcdaaa:91-en

Access Statistics for this paper

More papers in OECD Development Co-operation Working Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).