One of the outstanding strengths of InM is its long and wide experience in managing and conducting in-depth and varied action and policy research in all major areas of socioeconomic development in developing countries, especially in the context of Bangladesh. The key feature of InM research is its emphasis on conceiving the research frame within an integrated framework to support inclusive and equitable transformation towards prosperity and suggest prudent policy making based on ground realities and lessons learned from development successes both from home and abroad.
The Institute specifically works on strengthening the links between financial and real sectors in priority areas including inclusive finance, digital financial services, poverty, gender equality, human dignity, and inclusive development. Over the years, InM has completed several research studies under the funding of various donor organisations like, DFID, JICA, UNDP, FAO, Plan International, European Union, World Bank, Islamic Development Bank (IDB), Nathan Associates London Limited, IGES, PKSF and others. Total number of policy/research studies conducted by InM over the last 14 years is 82. The following research studies are currently ongoing:
Bangladesh SDGs Progress Report 2022
The study intends to prepare the draft of the ‘Bangladesh SDGs Progress Report 2022’ for the General Economic Division (GED) of the Bangladesh Planning Commission with support from UNDP. The Report will provide an overview and summary of the status of progress of SDG implementation in Bangladesh from 2015 till 2021. It also aims to assess the alignment of the SDGs with the national medium-term plan (8FYP) and evaluate the existing gaps with an overall aim to speed up the implementation of SDGs in Bangladesh. In summary, the Bangladesh SDGs Progress Report 2022 will provide an evaluation of the country’s progress so far on the 17 SDGs and 169 targets based on available data. The Report will highlight goal-wise successes, constraints, and lessons learned to show where the gaps exist in terms of SDGs implementation in the country along with the impact of Covid-19 on the SDG implementation. The Report will be a guiding document that sheds light on the progress as well as on the challenges behind achieving the 17 SDGs. This will add value and help design improved policies for taking a more holistic approach towards implementation of the SDGs by 2030.
Strengthening Social Resilience Program: Development of NFIS-B Implementation and Resource Plan
The Government of Bangladesh (GOB) has adopted the National Financial Inclusion Strategy of Bangladesh (NFIS-B, July 2021-June 2026) in 2021 as an effective tool to achieve the core objective to ‘Increase the level of financial inclusion (having at least one regulated financial service account) of all adults to 100 per cent by June 2026’. This strategy has established its linkages with the long-term Perspective Plan of Bangladesh (2021-2041), medium-term 8th Five Year Plan (2021-2025) and other relevant national strategies and policies. The government’s priority to adopt the NFIS-B stems from a number of considerations, including the potential of financial inclusion to reduce poverty and inequality, and promote financial stability, inclusive development and shared prosperity.
Under this ADB funded project, InM will update the data and information of the draft implementation plan of NFIS-B prepared by InM in 2018; and develop updated and detailed implementation plan including Action Plan (July 2021 to June 2026) of NFIS-B. In addition, a detailed year-wise resource plan for NFIS-B will be developed.
Baseline Study on Piloting WaterCredit Adoption (WCAD) Programme
The InM is currently implementing the pilot phase of the WaterCredit Adoption (WCAD) Programme with support from Water.org that would create the scope of providing the poor households with access to small loans as a solution to affordable financing as well as access expert resources to make household water and toilet solutions a reality. The piloting has been undertaken by InM in partnership with ten WCAD partner MFIs to the customers at the bottom-of-the-pyramid (BOP). The phase covers a period of 12 months; and, at the end of the pilot, around 100,000 water supply and sanitation (WSS) loans are expected to be disbursed to reach about 400,000 people with improved water and/or sanitation and increased capital mobilisation.
Under the programme, InM is conducting a baseline survey which will be used to assess the initial conditions; in addition, this will serve as a benchmark to measure changes at the end of the pilot. The target households are those having potential borrowers from the WCAD partner MFIs who are the prospective borrowers of the WCAD Programme. InM has completed the household survey and submitted the draft report to Water.org.