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Today has seen the publication of an independent evaluation of the Invest to Save Fund which is operated by the Welsh Government.  The report can be found by following the link below:


http://wales.gov.uk/statistics\-and\-research/invest\-save\-fund/?lang\=en


The aim of the Invest to Save fund is to support organisations involved in public service delivery, to enable them to make the transition to more efficient, more effective and more sustainable forms of service delivery.  The independent evaluation of the scheme provides the Welsh Government with the opportunity to assess whether or not the stated aims of the fund are indeed being achieved.  It also provides us with a useful and independent view of potential areas for improvement.


I am extremely pleased to note that the report confirms the value of the fund and recognises  the financial and service delivery benefits which have been generated to date.  In particular, the report confirms that the fund responds to drivers such as:


* focusing on delivering improved public services, improving the collaboration between different public sector bodies
* the need to support organisations in delivering efficiencies in a challenging financial climate
* specific issues at a local level which can prevent organisations taking on improvement projects which will improve the efficiency and quality of public service delivery.


The evaluation also found that the fund has generated significant cash savings to date.  It estimates that for every £1 invested £3 has, or will be, generated in terms of gross savings – a gross return of 300%.   The report provides strong, independent evidence that the Welsh Government funded scheme is providing real benefits.  This is all the more important at a time of austerity, when we need to make sure that every pound invested contributes towards better outcomes and standards of service delivery.  


The report contains a total of ten recommendations.  I will be examining the report findings and the recommendations and will report back to the Assembly on my response.







Translation:


 
  Heddiw cyhoeddwyd gwerthusiad annibynnol o’r Gronfa Buddsoddi i Arbed a weithredir gan Lywodraeth Cymru. Mae’r adroddiad i’w weld drwy ddilyn y ddolen isod: 

 http://wales.gov.uk/statistics\-and\-research/invest\-save\-fund/?skip\=1\&lang\=cy

 Nod y gronfa Buddsoddi i Arbed yw cefnogi sefydliadau sy’n gysylltiedig â darparu gwasanaethau cyhoeddus er mwyn eu helpu nhw i drosglwyddo i weithredu dulliau mwy effeithlon, effeithiol a chynaliadwy o ddarparu gwasanaeth. Mae gwerthusiad annibynnol o’r cynllun yn gyfle i Lywodraeth Cymru asesu a yw amcanion y gronfa’n cael eu cyflawni mewn gwirionedd ai peidio. Mae hefyd yn rhoi safbwynt annibynnol a defnyddiol inni o ran pa feysydd y gellid eu gwella.

 Rwy’n falch iawn o nodi bod yr adroddiad yn cadarnhau gwerth y gronfa ac yn cydnabod y manteision ariannol a’r manteision o ran cyflenwi gwasanaeth a gafwyd hyd yn hyn. Yn benodol, mae’r adroddiad yn cadarnhau bod y gronfa’n ymateb i ffactorau fel y canlynol:

 * canolbwyntio ar ddarparu gwasanaeth cyhoeddus gwell, gan wella’r cydweithredu rhwng gwahanol gyrff sector cyhoeddus
* yr angen i gefnogi sefydliadau wrth iddynt sicrhau arbedion effeithlonrwydd mewn hinsawdd ariannol heriol
* materion penodol ar lefel leol a all atal sefydliadau rhag ymgymryd â phrosiectau fydd yn gwella effeithlonrwydd ac ansawdd y ddarpariaeth o wasanaethau cyhoeddus.

 Canfu’r gwerthusiad hefyd fod y gronfa wedi llwyddo i sicrhau arbedion ariannol sylweddol hyd yn hyn. Am bob £1 sy’n cael ei buddsoddi, amcangyfrifir y cynhyrchir £3 o arbedion gros  \- sef elw o 300%. Mae’r adroddiad yn rhoi tystiolaeth annibynnol a chadarn fod y cynllun hwn a gyllidir gan Lywodraeth Cymru yn darparu buddiannau gwirioneddol. Mae hyn yn bwysicach fyth yn y cyfnod economaidd anodd hwn, pan mae angen inni wneud yn siŵr bod pob punt sy’n cael ei buddsoddi’n cyfrannu at ganlyniadau a safonau gwell o ran darparu gwasanaeth.

 Mae deg o argymhellion yn yr adroddiad. Byddaf yn edrych yn fanwl ar ganfyddiadau’r adroddiad a’r argymhellion, ac yn adrodd yn ôl i’r Cynulliad ar fy ymateb.