The Development Bank of Rwanda (BRD) chose the topics of the support based on its priorities. The two topics chosen by the BRD are:
The required documentation (Policies/procedures, including e.g. polices on gender, environmental and social safeguards) were updated based on GCF requirements, and GCF is currently reviewing BRD’s accreditation application.
On M&E, a revised policy was adopted by the BRD Board, including a new impact dimension in BRD’s Balanced Scorecard. Also, a dashboard was developed to monitor the bank’s institutional performance. To assess the impact of projects before investment and lending decisions are made, an Impact Measurement Tool was developed and is now in use by BRD. Overall, BRD‘s reporting on impact development has improved.