Lecture
This lecture explores impact investment, focusing on the financial and non-financial dimensions, social goals, and outcomes. It delves into the role of private finance for sustainable development, the spectrum of capital, and the logic model framework. The instructor discusses the characteristics of 'high impact' businesses, the involvement of various actors, and the measurement of impact through randomized trials and other methods. The session also covers the evaluation design and sources of outcomes data, emphasizing the importance of experimental methods in impact measurement. Students engage in practical exercises to create impact maps and evaluate the impact of social initiatives, preparing them for real-world applications in the field of impact investing.