Summary Brief: Evaluation Study For 12 Projects Financed By The Proadapt Facility

The ProAdapt Facility was launched in 2013 by the IDBs Multilateral Investment Fund (MIF), now IDB Lab, and the Nordic Development Fund (NDF). The main objective of the Facility was to support climate resilience in MSMEs and the local communities where they operate, as well as to foster business and investment opportunities with private resilience solutions. The IDB and NDF commissioned an independent evaluation to assess the benefits of the funded interventions and the achievement of results of individual projects, including the effectiveness of the Facility in promoting the dissemination of results. The evaluation also aimed to draw lessons learned and formulate recommendations for similar initiatives and other IDB and NDF Group funds supporting MSME climate change adaptation.