FMO - Dutch Development Bank

Since 2015, FMO uses the Joint Impact Model (JIM) to measure the indirect effects of its investments for indirect jobs and emissions. The model was originally developed to quantify FMO’s doubling and halving strategy. Over the years other development finance institutions (DFIs) started to use similar methodologies.



We would like to highlight that outputs of the JIM are just one of the elements that you need to assess impact from a bigger view. Together with our partners in the JIM, we have now established a solid cooperation where we can add future modules like quality of jobs to support impact measurement globally is much needed if we truly want to become transparent and seamlessly compare results with others.



In absolute numbers, the Joint Impact Model had led to lower estimated jobs, as the future effects are no longer calculated. This is visible for the first time in the interim report for 2020. With 417,639 direct and indirect jobs supported, the number is 35 percent lower than we reported at the end of 2019. As a different methodology is used, we will no longer use the results of the previous Impact Model for comparison or benchmarking purposes.