Accountability Innovations We Love, No.3: “Venture Accountability”

Traditional aid models and organizations have often not managed to precipitate sustainable development, nor do they always have the incentives in place to report failure or adapt rapidly when plans go wrong. As a result, failing projects continue and results remain sub-optimal. One approach we have adopted at the Accountability Lab is to understand that in difficult contexts, the definition of success (or more accurately- progress) must be slightly different. Taking risks with new and more innovative tools may lead to problems and blockages more often, but it also creates the possibility for transformative change.