01. Annual Reports & Independent Evaluations

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Building Urban Resilience: An Evaluation of the World Bank Group's Evolving Experience (2007-2017)

(World Bank, Washington, DC, 2019-10-02) Independent Evaluation Group

This evaluation examines the World Bank Group’s evolving experience in building resilience in urban areas during the period 2007–17. The focus of this evaluation is the World Bank Group’s support to clients in building urban resilience—to cope, recover, adapt and transform—in the face of shocks and chronic stresses.
GRI Index 2019

(World Bank, Washington, DC, 2019-09) World Bank

The World Bank GRI Index 2019 provides an overview of sustainability considerations within the World Bank`s lending and analytical services as well as its corporate activities. This index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting, the GRI Standards: Core option (https://www.globalreporting.org). The GRI Index covers activities from fiscal year 2019, July 1, 2018, through June 30, 2019.
Growing Our Influence: Celebrating 45 Years of Evaluation Excellence

(World Bank, Washington, DC, 2018-09-30) Independent Evaluation Group

The World Bank Group began evaluating projects in 1970 when President Robert McNamara created an Operations Evaluation Unit in the World Bank’s Programming and Budgeting Department. In 1973, the unit became the Operations Evaluation Department, which reported to the Board of Executive Directors and became the first independent evaluation function in an international financial institution. After evaluation offices were established in the International Finance Corporation (IFC) in 1984 and the Multilateral Investment Guarantee Agency (MIGA) in 2002, the three evaluation functions were merged into the Independent Evaluation Group (IEG) in July 2006. As the scope of World Bank Group operations and its portfolio of products grows, IEG continues to develop and adapt its approaches to evaluating development effectiveness. These approaches include assessing outcomes against stated objectives, benchmarks, standards, and expectations, or assessing what might have happened in the absence of the project, program, or policy. Across projects, IEG looks at the patterns of what works under what circumstances. IEG’s evaluation approach reflects and is harmonized with internationally accepted evaluation norms and principles, such as the quality standards for development evaluation of the OECD Development Assistance Committee, the good practice standards of the Evaluation Cooperation Group, and the norms and standards of the United Nations Evaluation Group.IEG adheres to a multilayered quality assurance model, which includes in-depth review of intermediate and final evaluation products by internal (IEG) and external peers. A Methods Advisory Function was established in fiscal year (FY)16 to promote internal knowledge sharing on evaluation design issues and methodological innovation. This fiscal year, the Bank Group introduced a Bank Group–wide evaluation framework, which reiterated the independence of IEG and made explicit our dual mandate of promoting accountability and fostering learning. IEG’s new Results Framework aligns with the World Bank Group’s evaluation framework and the revised IEG mandate.
GRI Index 2018

(World Bank, Washington, DC, 2018-09) World Bank

The World Bank GRI Index 2018 provides an overview of sustainability considerations within the World Bank`s lending and analytical services as well as its corporate activities. This index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting, the GRI Standards: Core option (https://www.globalreporting.org). The GRI Index covers activities from fiscal year 2018, July 1, 2017, through June 30, 2018.
Carbon Markets for Greenhouse Gas Emission Reduction in a Warming World: An Evaluation of the World Bank Group’s Support to Carbon Finance

(World Bank, Washington, DC, 2018-06-29) Independent Evaluation Group

Climate change is a threat to global development and to the core Mission of the World Bank Group. With the recognition that human activity drives global warming, the World Bank Group has pursued a long-term commitment to curb global greenhouse gas (GHG) emissions for more than 20 years. The purposes of this evaluation are to assess the role and contributions of the Bank Group in CF in relation to the needs and priorities of its client countries and its potential comparative advantages, and to draw lessons to inform the World Bank Group’s future strategic direction in CF. The evaluation aims to answer thefollowing overarching question: What has been the strategic objective, nature of engagement, and contribution of the Bank Group in supporting CF? What lessons can be drawn from this to inform the Bank Group’s strategic direction in supporting the next generation of marketbased carbon mitigation activities, given its potential comparative advantages?
Results and Performance of the World Bank Group 2017: An Independent Evaluation

(World Bank, Washington, DC, 2018-03-07) Independent Evaluation Group

The Results and Performance of the World Bank Group (RAP) report is an annual review by the Independent Evaluation Group (IEG) of the development effectiveness of the World Bank Group. The RAP covers the World Bank (International Bank for Reconstruction and Development and International Development Association), the International Finance Corporation, and the Multilateral Investment Guarantee Agency (four of the five institutions of the World Bank Group). The report synthesizes existing evidence from IEG evaluations, validations, and engagements, complemented by analysis of relevant information from other sources (for example, World Bank Group documents). Results and performance are assessed separately for each of the institutions because of their differing time frames, operating models, and clients. The theme this year is environmental sustainability, focusing on selected questions related to the contribution of the World Bank Group to environmental sustainability (chapter 1). This RAP (i) assesses the extent to which the World Bank Group portfolio includes activities that support environmental sustainability (and changes over a 10-year period), (ii) takes stock of how the World Bank Group is measuring its contribution to environmental sustainability, and (iii) presents analysis on the World Bank Group’s systems for managing environmental and social risks. The RAP does not seek to provide an overall assessment of the environmental effects of the World Bank Group’s projects because data are available only for the subset of projects where environmental goals were the primary objective.
Accelerating Climate-Resilient and Low-Carbon Development: Africa Climate Business Plan – Third Implementation Progress Report and Forward Look

(World Bank, Washington, DC, 2018) World Bank

Sub-Saharan Africa’s (SSA) race to resilience just became more urgent with the release of the IPCC 1.5°C Special Report. The Africa region must adapt to the 0.5°C warming of the past 50 years, while at the same time prepare for the intensification of climate change impacts. The good news is that the region is not starting from zero; the bad news is that the current pace of climate action is far from adequate. The Africa Climate Business Plan (ACBP) has been a galvanizing platform for climate action since its launch in December 2015, yet it must be even more ambitious in the scale and pace of climate action in the face of a new urgency to manage climate risks and deliver on climate-resilient development. Highlights of the progress up to and including FY18 as well as the main outstanding challenges are summarized here. The report also highlights successful projects that can be replicated, key lessons learned, and reflects on future strategic directions.
Sustainability Review 2017

(Washington, DC, 2017-10) World Bank

The Sustainability Review 2017 provides insights into World Bank activities undertaken between July 1, 2016, and June 30, 2017, to manage the environmental, social, and economic impacts of internal business operations. The content and data in this document relate to the International Bank of Reconstruction and Development (IBRD) and the International Development Association (IDA), together, the World Bank.
GRI Index 2017

(Washington, DC, 2017-09) World Bank

This World Bank GRI Index 2017 provides an overview of sustainability considerations within the World Bank’s lending and analytical services as well as its corporate activities. This index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting, the GRI Standards: Core option (https://www.globalreporting.org). The GRI Index covers activities from fiscal year 2017, July 1, 2016, through June 30, 2017.
World Bank Group Engagement in Upper-Middle-Income Countries: Evidence from IEG Evaluations

(World Bank, Washington, DC, 2017-06-29) Independent Evaluation Group

Middle-income countries (MICs)—the largest group of World Bank Group clients—are critical drivers of the world economy, but they remain vulnerable to global shocks. Addressing the development challenges facing MICs can generate positive externalities and transferable knowledge to lower income countries. According to the 2017 World Bank Group document, “Forward Look: A Vision for the World Bank Group in 2030—Progress and Challenges,” to meet its twin goals of eradicating extreme poverty and ensuring shared prosperity in a sustainable manner, the World Bank Group must sustain and evolve its engagement with MICs. This synthesis review focuses on the World Bank Group’s engagement with upper-middle-income countries (UMICs) and concludes that the Bank Group’s support to them remains highly relevant from two perspectives: helping these countries address their specific developmental challenges, and potentially having a valuable demonstration effect for other lower-income groups of World Bank Group clients. The more successful programs the World Bank Group supported were generally long duration and went well beyond the scope of a single investment loan or development policy loan. The World Bank Group’s willingness to sustain its engagement and build close relationships at the technical level contributed to successful outcomes. Despite this high relevance, important challenges remain in fully addressing some of the structural issues that underlie UMIC’s vulnerability to various shocks and in making progress that is more significant and sustained in several important development areas. The general perception is that World Bank Group financing is diminishing in UMICs, but the World Bank continues its important dialogue and engagement with UMICs despite this perception, covering a wide range of issues from fostering countercyclical policies, to building resilience, to financing large infrastructure projects, to catalyzing private sector participation. IEG evaluations consistently emphasized the high relevance of the World Bank’s analytic work in supporting reforms in UMICs and the high value that country stakeholders in UMICs assigned to its analytical work and technical assistance. Going forward, there is scope for further work on analyzing World Bank Group performance across various groups and subgroups of clients, including within narrower technical areas.