Resource ID: INDIGO-ARES-0083
Link: https://yanalytics.org/research-insights/monetizing-impact
Y Analytics is an evaluator which offers expicit monetary valuation for impact assessments. They offer a rough but useful guide on how to assess this.
Impact monetization is an indispensable tool for making better management and investment decisions. It has a long history—as a cornerstone of social return on investment (SROI) and enshrined in the steps of cost-benefit analysis and regulatory analysis more broadly—yet is only now moving towards the mainstream.
The rest of this piece walks through each of these points in more detail, first describing what monetization is and why we do it. It then describes some of the perceived challenges to monetization and how addressing them can help achieve our goal: better decisions about impact.
Impact goal: Health, Defence, Housing, Agnostic, Democracy, Education, Well being, SDG oriented, Social impact, Local rejuvenation, Sustainability eco, Development poverty reduction, Employment financial well being
Internal/external: External, Internal
Leader: Y Analytics
Method: Observation, Operational data, Theory of change, Ex ante projections
Output format: Monetary valuation
Scale: Macro
Sourcing: Self driven
Time frame: Prospective, Retrospective
Type: Framework
Used in sectors: Csr, Charity, Impact investing
Who: Third sector, Private sector
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