How the global innovation fund uses impact forecasts to guide investment decisions
Speaker: Ken Chomitz, chief analytics officer, Global Innovation Fund
Time: 12.45– 14.00 GMT
Venue: LG6/7, London School of Hygiene and Tropical Medicine, Keppel Street, London, WC1E 7HT
The Global Innovation Fund (GIF) invests in early-stage innovations, public and private, that have the potential for large social impact at scale. GIF seeks to maximize that impact. It does so with impact forecasting and methodology tailored to its evidence-based, venture-capital-like approach. The Practical Impact methodology is distinctive in applying a universal impact metric to all outcomes, in projecting long-term impact, and in adjusting impact for risk.
The talk will explore the design philosophy behind practical impact, the way it incorporates evidence, how it is implemented, and plans for future elaboration.
This lecture is part of a monthly lecture series organized by CEDIL and the Centre for Evaluation, London School of Hygiene and Tropical Medicine. If you would like to find out more about CEDIL’s work, sign up to their mailing list here.