The Development Impact Fund (DIF) is a pioneering multi-donor trust fund within the World Bank, managed by the Development Impact (DIME) group under the Development Economics Vice-Presidency (DEC). DIF is committed to maximizing the effectiveness of development finance by integrating scientific knowledge into policymaking, fostering ownership in the generation and adoption of evidence, and transitioning from financial reporting to reporting the causal impact of development finance.
Guiding Principles
DIF operates based on three core principles:
- Adoption of Advanced Tools: Enabling countries in adopting advanced digital management tools and conducting policy trials to prioritize investments and inform programmatic decisions.
- Co-production: Embracing co-production between the government and its partners to expand local capacities and generate contextually relevant solutions.
- Knowledge Diffusion: Expanding knowledge financing and promoting knowledge diffusion through partnerships across country, sector, and global collaborations.
Strategic Objectives
DIF supports the World Bank and its clients and partners by:
- Developing adaptable project designs that incorporate evidence-based and experimental learning approaches in regional and global initiatives.
- Mainstreaming real-time data utilization and scientific trial-and-adopt methodologies in project management to enhance decision-making and strengthen impact.
These strategies are designed to double the impact of development finance, and allow limited resources to reach further and achieve more to save and improve lives across the world.
Partnerships
DIF actively seeks partnerships and contributions from development partners to support our global effort to improve development practice. Engaging with DIF provides stakeholders with a unique opportunity to shape development strategies and interventions, contributing to a collaborative effort to achieve common development objectives.