Yes, I think the topic of evaluation is a tricky one. I say that from a couple of perspectives. I think Sandra in the prior session talked about the different types of investors, from the impact first investors to the finance first investors. I think you see the same in terms of evaluation depending on the investor. You see the investors who want to have quantifiable impacts and the numbers and data behind the impact the investments are making. You have other investors who make investments and it makes sense for them to have social impact that they can see, and that's enough for them. So I think first of all you see who the investors are and then you align the evaluation approach accordingly. I think you can very easily over-engineer the evaluation. However, I want to compare that with how we do evaluations today, with the current interventions and projects offered by the government and non-profits and so forth. I think the data is very poor. So I think this field of social finance can actually enhance the data. In some initiatives they want to get them to the point where we can say, with investment in X charity versus another charity, you have 2% better impact in this charity versus that charity. There are initiatives that want to get to that point. I think it's incredibly difficult and I think we should be quite happy if we're getting to the point where it's better than it is today.
On March 10th, 2015. See this statement in context.