This blog post was originally published on the Website of CGAP as part of a series of blog posts on measuring change in market systems development under the title “New Funding Approaches Call for a New Way of Measuring Impact.” CGAP (the Consultative Group to Assist the Poor) is a global partnership of 34 leading organizations that seek to advance financial inclusion.
The focus of financial sector development is shifting. Development organizations funding financial inclusion now operate with a vision of sustainability, resilience and impact at scale, and their goals stretch beyond building individual institutions. Now, they aim to improve the whole ecosystem for financial services, taking a facilitative rather than a direct intervention approach. Continue reading