01. Annual Reports & Independent Evaluations

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Supporting Transformational Change for Poverty Reduction and Shared Prosperity: Lessons from World Bank Group Experience

(World Bank, Washington, DC, 2016-02-25) Independent Evaluation Group

Transformational engagements are a critical pillar of the World Bank Group’s strategy for achieving its twin goals of extreme poverty elimination and shared prosperity. This learning product uses evaluative evidence from the Independent Evaluation Group (IEG) to understand the mechanisms and conditions for transformational engagements and the implications for the World Bank Group if it seeks to rely on such engagements to more effectively pursue its goals.
2015 Sustainability Review

(Washington, DC, 2015-10) World Bank

The 2015 Sustainability Review provides insights into activities undertaken to manage environmental, social, and economic impacts in the World Bank’s internal business operations. The content and data in this document relate to the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), together the World Bank.
2015 GRI Index

(Washington, DC, 2015-10-01) World Bank

This 2015 index of sustainability indicators has been prepared in accordance with the internationally recognized standard for sustainability reporting Global Reporting Initiative (GRI) guidelines and complies with the ‘core option.’ The GRI Index provides an overview of sustainability considerations within the World Bank’s lending and analytical services as well as its day-to-day operations and management of staff. The World Bank aims to be comprehensive in its reporting and thus the Index includes indicators from GRIs financial sector supplement. The GRI Index covers activities from fiscal 2015, July 1, 2014, through June 30, 2015.
World Bank Group and World Bank Corporate Scorecards, October 2015

(World Bank, Washington, DC, 2015-10) World Bank Group

In July 2013, the World Bank Group launched its Strategy, outlining how it will partner more effectively with clients to help them achieve the ambitious goals of eradicating extreme poverty and boosting shared prosperity through economic growth, inclusion, sustainability and resilience. In April 2014, the World Bank Group Corporate Scorecard was launched for the first time and the World Bank Scorecard revised to monitor the implementation of the strategy. The World Bank Group Scorecard provides view of the results and performance indicators of the three World Bank Group institutions: the World Bank (WB), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA). This brochure presents the scorecards, updated with the latest data available in fiscal year 2015. The scorecards are structured in three tiers. A tier one and two presents indicators monitoring aspects of growth, inclusiveness, and sustainability and resilience. Tier three captures the progress in implementing the World Bank Group strategy and includes measures of both operational and organizational effectiveness.
Managing Environmental and Social Risks in Development Policy Financing

(World Bank, Washington, DC, 2015-07-27) Independent Evaluation Group

Effective environmental and social risk management in development policy financing (DPF) is central to achieving the World Bank’s goals of ending extreme poverty and promoting shared prosperity in a sustainable manner. If the World Bank is supporting far-reaching member country reforms that are intended to contribute to the twin goals, then it should seek to understand the impact of those reforms on the poor. It should also ensure that the country’s natural capital and long-term growth prospects will not be undermined. The objective of this learning product is therefore to assess the application of the elements of the World Bank operational policy (OP 8.60) governing DPF related to the implementation of the environmental and social risk management requirements of the policy, and identify lessons learned and good practices. The focus of the study is on Bank actions, policies, procedures, and guidance for environmental and social risk management, based largely on a desk-based portfolio review of a large, random sample of development policy operations (DPOs), complemented by assessment of other relevant documents, and interviews with key stakeholders. This approach requires the Bank to determine whether specific policies supported by a DPO are likely to have significant poverty and social or environmental effects. The Bank emphasized the potential of OP 8.60 to promote positive environmental and social development from the time the policy was approved in 2004.
Guinea-Bissau: The World Bank Group Country Opinion Survey FY 2014

(World Bank, Washington, DC, 2015-02) World Bank Group

The Country Opinion Survey in Guinea-Bissau assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Guinea-Bissau perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Guinea-Bissau on 1) their views regarding the general environment in Guinea-Bissau; 2) their overall attitudes toward the WBG in Guinea-Bissau; 3) overall impressions of the WBG’s effectiveness and results, knowledge work and activities, and communication and information sharing in Guinea-Bissau; and 4) their perceptions of the WBG’s future role in Guinea-Bissau.
Transforming Our World--Aiming for Sustainable Development: Using Independent Evaluation to Transform Aspirations to Achievements

(World Bank, Washington, DC, 2015) Independent Evaluation Group

The year 2015 is pivotal in international development. In the lead-up to 2000, the global community came together at various conferences to agree on, for the first time in known history, shared development goals. The eight Millennium Development Goals (MDGs) set 18 targets that were aimed at significantly reducing disease, illiteracy, gender inequality, hunger, and poverty, and improving access to water and sanitation by 2015. Leading up to this point where the era of the MDGs concludes, progress has been monitored and discussions started well ahead of this momentous year to define and meet the more ambitious Sustainable Development Goals (SDGs), building on and bringing to fruition what has been started under the MDG agenda. Much progress has been made toward achieving the MDGs. The world reached the poverty reduction target five years ahead of schedule, and progress has been reported in a number of other areas. However, considerable challenges remain: even while declaring success on MDG1, roughly a billion people remained in poverty. A large number of MDG targets will not be met by the end of 2015, and progress remains uneven among the different countries. Moreover, new challenges to progress are emerging deriving from natural and manmade calamities. To deliver on the twin goals and the post-2015 agenda, the Bank Group would benefit from a clearly articulated role, approach, and expected contribution to the SDGs, both externally for enhancing partnerships and internally to facilitate prioritization and synergies. As this paper has shown, the World Bank Group works actively in many areas relevant to the SDGs, actually many more than covered here, but various evaluations have pointed to the importance of multi-sector integrated approaches that challenge countries and their partners to find new ways of working. The challenges that the SDGs aim to address, and the SDGs themselves, are complex, and solutions will have to be tailored to context, bring together multiple actors, and benefit from dynamic, constantly adjusted planning and execution that is informed by ongoing monitoring and evaluation.
Financing for Development: Using Independent Evaluation to Turn Aspirations into Achievements

(World Bank, Washington, DC, 2015) Independent Evaluation Group

The development community is increasingly accepting the importance of evidence, feedback, and learning. Some of which is generated through research, monitoring, and self-evaluation during policy-making, program design, and implementation. Others come from feedback from people directly affected by interventions who have gained a greater voice, be it through third-party feedback mechanisms, social media, beneficiary surveys, or otherwise. And, there is independent evaluation. At the World Bank Group, the independent evaluation group (IEG) has over the past years deepened the evidence that can help development finance succeed in translating the sustainable development goals (SDGs) into actions and results. This paper brings together insights from a cross-section of relevant evaluations that cover various aspects of the large, multifaceted agenda of the SDGs and their financing needs.
Senegal: The World Bank Group Country Opinion Survey FY 2014

(World Bank, Washington, DC, 2015-01) World Bank Group

The Country Opinion Survey in Senegal assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Senegal perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Senegal on 1) their views regarding the general environment in Senegal; 2) their overall attitudes toward the WBG in Senegal; 3) overall impressions of the WBG’s effectiveness and results, knowledge work and activities, and communication and information sharing in Senegal; and 4) their perceptions of the WBG’s future role in Senegal.
Madagascar: The World Bank Group Country Opinion Survey FY 2014

(World Bank, Washington, DC, 2015-01) World Bank Group

The Country Opinion Survey in Madagascar assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Madagascar perceive the WBG. It provides the WBG with systematic feedback from national and local governments, multilateral and bilateral agencies, media, academia, the private sector, and civil society in Madagascar on: 1) their views regarding the general environment in Madagascar; 2) their overall attitudes toward the WBG in Madagascar; 3) overall impressions of the WBGs effectiveness and results, knowledge work and activities, and communication and information sharing in Madagascar; and 4) their perceptions of the WBGs future role in Madagascar.