The EIF has a strong focus on results, accountability and transparency. As a management strategy, capturing results of the EIF is anchored on Results-Based Management (RBM) with the aim of ensuring its relevance, efficiency, effectiveness, impact and sustainability. The focus is on what was achieved rather than on what was done.
EIF results are describable and/or measurable changes that are derived from funded projects (Tier 1 and 2) at the country level. Tier 1 results consist of four outcomes measured by 18 indicators. Results of EIF Tier 2 projects vary by nature of the project. The EIF requires that country projects look beyond activities and outputs to focus on outcomes which are the actual changes that the EIF intends to achieve. These actual results are the changes created, and contributed to by EIF programming and funding. By establishing clearly defined expected results, collecting information to assess progress toward them on a regular basis, and taking timely corrective action, National Implementing Units (NIUs) can manage their projects in order to maximize achievement of results.
In order to improve the effectiveness, efficiency and accountability of the EIF Executive Secretariat and Trust Fund Manager, the EIF utilizes a monitoring and evaluation framework pivoted in a results-based management system. The framework constitutes defined expected results, monitoring progress toward the achievement of expected results, evaluating programme and projects, reporting on performance and integrating lessons learned into management decisions.