The cross-government Prosperity Fund
The Prosperity Fund needs to continue to improve its systems and processes to support the pace and scale of delivery.
Read the approach paper
- PDF download (148 KB)
- Published: 15 Nov 2016
Our approach
This rapid review assessed whether the Prosperity Fund had developed the systems and procedures to allocate its funding effectively in support of its objectives, and has adequate governance arrangements in place. Through an analysis of relevant policies, governance frameworks and other documentation; of how bids to the Fund have been sought and assessed; and of how results are to be judged, the review reaches conclusions as to the relevance of the portfolio and its potential for achieving its objectives.
This review also considers the extent to which lessons from other major UK aid funds, such as the International Climate Fund and the Conflict, Stability and Security Fund, have informed the design of the Prosperity Fund.
Review questions
- Effectiveness: Are the systems and procedures of the Prosperity Fund adequate to ensure effective programming and good value for money?
- Learning: Has the design of the Prosperity Fund been informed by learning from other cross-government aid funds and instruments?