In partnership with the Organisation for Economic Development (OECD), the Southern African Development Community (SADC) has developed an Investment Policy Framework (IPF) to support investment climate improvements and investment promotion in the region.
The IPF has the following specific action areas: The promotion of a coherent and transparent investment environment; ensure market access and competition; protect investors' rights; promote responsible and inclusive investment; and facilitate regional and international cooperation
Genesis was contracted by the OECD to develop a monitoring framework to track progress towards the objectives of the IPF.
This included: development of a theory of change for investment climate improvements, review of existing SADC and global investment monitoring frameworks, development of IPF monitoring indicators and recommendations to embed, streamline and sustain consistent monitoring in future years.
The OECD presented this work to SADC and received approval from the SADC Investment Promotion Sub-committee to continue this work into 2016. This approval indicates the project's success in persuading the sub-committee of the importance of monitoring and results-based management.
The OECD continues to collaborate with Genesis on refining the M&E framework and indicators.