The Prosperity Fund is a cross-UK-Government £1.2 billion portfolio of programmes, running from 2017 to 2022, which aim to promote economic growth in middle-income countries around the globe. The Fund is structured around five key sectors: infrastructure; human capital, innovation and technology; trade; financial and economic reform; and ease of doing business. By improving the global business environment, strengthening institutions, and encouraging greater global private investment, the Fund aims to promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all in line with SDG 8. By contributing to inclusive growth in recipient countries, it aims to create opportunities for international business including UK companies (secondary benefits).
The role of LTS-NIRAS
LTS-NIRAS has a rolling contract with lead consortium partner Tetratech and consultancy firm Integrity to deliver the evaluation and learning services to the whole Prosperity Fund portfolio, including technical design, evaluation implementation and learning services.
The objectives of the evaluation over the course of the programme’s implementation period are to:
- support organisational learning so that the programme team learns ‘what’ is working well and not so well (and ‘how’ and ‘why’) and uses this information to improve programme design and implementation (i.e. adaptive programming) to enhance programme effectiveness during implementation;
- contribute to the accountability mechanisms of the Prosperity Fund including supporting Fund teams to report on progress through annual reviews;
- help generate evidence for external communication and outreach by the Fund.
To learn more about this evaluation assignment