Back to Aligned Standards

IRIS+ and the THK Poverty Impact Checklist

Tri Hita Karana (THK) Checklist for Assessing the Impact of Blended Finance on the Poor

Original alignment date: April 2020

The Tri Hita Karana (THK) Roadmap for Blended Finance, a multi-stakeholder initiative developed under the leadership of Indonesia and the Organization for Economic Co-operation and Development (OECD), establishes a system of shared values for the deployment of blended finance. The OECD supports the Tri Hita Karana Roadmap for Blended Finance with the full recognition that market-wide coordinated action is necessary to more effectively and efficiently deliver the necessary financing and development impact needed to support the fulfilment of the SDGs.

The Tri Hita Karana (THK) Checklist for Assessing the Impact of Blended Finance on the Poor was developed as part of the THK Impact working group and is designed to be a tool for exploring ex ante and measuring ex post impact in 7 broad areas.

To harmonize the way in which impact on the poor is assessed both ex ante and ex post in blended finance interventions, the GIIN, the THK impact working group co-leads, and the OECD teams worked collectively to align the THK Checklist questions to IRIS metrics. This alignment enables public and private blended finance providers to have a common and comparable way in which impact of blended finance on the poor is assessed