Interrogating the theory of change: evaluating impact investing where it matters most

Figures & data

Figure 1. Core components of the definition of an impact investment.

Figure 2. Actors in impact investing. Source: Harji and Jackson (2012).

Figure 3. Theory of change for the impact investing initiative.Source: Jackson and Harji (2012).

Figure 4. Root capital's theory of change. Source: Root Capital (2012).

Harji , K. and Jackson , E. T. 2012 . Accelerating Impact: Achievements, Challenges and What's Next in the Impact Investing Industry , New York : The Rockefeller Foundation .

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Jackson, E. T., N. MacPherson, S. Gariba, and Z. Ofir. 2012. “Evaluating Impact Investing: An Emerging Area of Development Evaluation Practice.” Panel presentation to the sixth biennial conference of the African Evaluation Association, Accra, 2012

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