Ensuring £1.2 billion fund delivers on its promise to support inclusive growth in middle-income countries

The Prosperity Fund and Programmes

In-depth evaluations will review how Prosperity Fund activities have fed directly into intermediate outcomes in places like India Photo: Annie Spratt

LTS-NIRAS has been leading the design and implementation of evaluation and learning services for the UK’s Prosperity Fund and its 24 related programmes.

September 2, 2020
  • SDG: #8
  • SECTORS: Development Consulting
  • CLIENT: UK Government Joint Funds Unit (JFU)
  • DURATION: September 2017– March 2021
  • PARTNERS: TetraTech and Integrity

The Prosperity Fund was a cross-UK-Government £1.2 billion portfolio of programmes, running from 2017 to 2021, which aimed to promote economic growth in middle-income countries around the globe. The Fund was 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 aimed 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 aimed to create opportunities for international business including UK companies (Secondary Benefits).

The role of LTS-NIRAS

LTS-NIRAS had 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 were 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.

For details on the UK's Cross-Government Prosperity Fund, visit the programme website.

Global Prosperity Fund

Get in touch

See more solutions within the same sectors