SROI report: measuring the impact of FMNR
October 1, 2013
At World Vision, we take the evaluation of our projects seriously. That’s why we have trialed a new way of evaluating project success called Social Return on Investment (SROI) in an FMNR project in the dry north of Ghana.
The SROI approach is founded on social accounting and cost-benefit analysis to measure not only economic outcomes, but social, health and environmental ones as well. With SROI, stakeholders in the communities identify key project outcomes and work with the evaluators to identify equivalent monetary values for these outcomes per household and across the project area. This allows the magnitude of benefits to be compared to each other and with the cost of inputs.
This SROI study covers Phase 1 of the Talensi FMNR Project, a three-year collaboration between World Vision Australia and World Vision Ghana to improve living standards among vulnerable communities. To reverse soil degradation and loss of natural resources, the project focused on restoring multi-purpose indigenous trees to farmland and community-managed forests. It did this by promoting adoption of FMNR and complementary sustainable agriculture techniques.