Publication:
The World Bank Group’s 2018 Capital Increase Package - An Independent Validation of Implementation and Results

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dc.contributor.authorIndependent Evaluation Group
dc.date.accessioned2023-08-29T17:40:57Z
dc.date.available2023-08-29T17:40:57Z
dc.date.issued2023-08-29
dc.description.abstractThis report presents the Independent Evaluation Group’s validation of the World Bank Group’s 2018 capital increase package (CIP). It assesses the World Bank Group’s progress in implementing the CIP’s policy measures and achieving its targets, as well as the quality of management’s CIP reporting. The 2018 CIP boosted the Bank Group’s financial firepower with a $7.5 billion paid-in capital increase for the International Bank for Reconstruction and Development (IBRD), $5.5 billion paid-in capital increase for the International Finance Corporation (IFC), $52.6 billion callable capital increase for IBRD, and internal savings measures. The CIP also included a policy package that committed Bank Group management to policy actions linked to the Bank Group’s 2016 Forward Look strategy. The CIP committed to reporting annually on its implementation and an independent assessment after five years. This report fulfills the commitment to an independent assessment. This validation builds on management’s own reporting and other complementary evidence to assess the World Bank Group’s progress in implementing the CIP’s policy measures and achieving its targets. The report also assesses the quality of management’s CIP reporting. The report points to lessons on developing, implementing, and reporting corporate initiatives and commitments, such as the importance of having clear strategies or action plans, explicit buy-in from senior management, and accurate reporting with meaningful indicators and realistic targets.en
dc.identifierhttp://documents.worldbank.org/curated/en/099110008282361509/SECBOS0e9b06ea05c0ae19027c0a729fafd
dc.identifier.doi10.1596/IEG184283
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40287
dc.languageEnglish
dc.language.isoen
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectACCOUNTABILITY
dc.subjectWORLD BANK RESULTS
dc.subjectINDEPENDENT EVALUATION
dc.subject2018 CAPITAL INCREASE RESULTS
dc.subjectTRANSPARENCY
dc.subjectFINAL REPORT COMMITMENT
dc.titleThe World Bank Group’s 2018 Capital Increase Package - An Independent Validation of Implementation and Resultsen
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleThe World Bank Group’s 2018 Capital Increase Package - An Independent Validation of Implementation and Results
okr.date.disclosure2023-08-28
okr.date.lastmodified2023-08-28T00:00:00Zen
okr.doctypeIEG Evaluation
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/099110008282361509/SECBOS0e9b06ea05c0ae19027c0a729fafd
okr.guid099110008282361509
okr.identifier.docmidSECBOS-e9b06ea3-3973-475c-ae19-27c0a729fafd
okr.identifier.doi10.1596/IEG184283
okr.identifier.doihttp://dx.doi.org/10.1596/IEG184283
okr.identifier.externaldocumentum34151797
okr.identifier.internaldocumentum34151797
okr.identifier.report184283
okr.import.id1644
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099110008282361509/pdf/SECBOS0e9b06ea05c0ae19027c0a729fafd.pdfen
okr.topicLaw and Development::International Organizations
okr.topicGovernance::International Governmental Organizations
okr.topicMacroeconomics and Economic Growth::Economic Policy, Institutions and Governance
okr.topicPoverty Reduction::Poverty Impact Evaluation
okr.topicPoverty Reduction::Poverty, Environment and Development
okr.unitIEG Infra/Sus Dev Proj Eval Unit (IEGSD)
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