JICA's Commitment to Sustainable Development

jiCA JICA at a Glance Business Activities JICA Social / Sustainability Bond Framework Overview 2. Project Evaluation and Selection Process Project Evaluation Criteria ■ Evaluate projects by 6 criteria: Relevance, Coherence, Effectiveness, Impact, Efficiency and Sustainability JICA follows the OECD-DAC* evaluation criteria. ■ Assess effectiveness and impact both from quantitative and qualitative perspectives. Project Selection and Management Process *Please see page 34 for details of evaluation criteria. ■ Transparent and rigorous process from appraisal/selection stage to implementation/monitoring stage ■ Reviewed by Japanese government and external experts during project selection process Funding Activities ■ Appraisal results are publicly disclosed in the form of ex-ante evaluation reports JICA's Bonds - Social / Sustainability Bond Framework Overview Recent Highlights ➤ Appendix ■ Close monitoring by JICA both on-site and off-site during project implementation ■ Ex-post evaluation by independent evaluators after project completion and publicly disclosed. Results utilized under the PDCA cycle (see below). >> Environmental and Social Consideration** ■'JICA Guidelines for Environmental and Social Consideration (ESC)' identify negative environmental and social impacts and incorporate mitigation measures from the project formulation stage and ensure compliance to 'do no harm' during project implementation >> Assess and Address Climate Risks - JICA Climate-FIT** ■ Incorporate climate measures into all projects ■ Assess and address climate risks by the 'Climate Finance Impact Tool (JICA Climate-FIT) for both mitigation and adaptation. JICA' PDCA cycle Learning Feedbacks to other projects Action Accountability Check Ex-post evaluation Project evaluation based on the PDCA cycle Plan Ex-ante evaluation Do Implementation & Monitoring **Please see next slide for details of Environmental and Social Consideration and climate risk assessment. 13

View entire presentation