Publication: Better Results through Learning and Adaptation for a Better World Bank Group: The FY24 Management Action Record
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2024-10-25
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2024-10-25
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Following the 2020 Management Action Record (MAR) reforms, World Bank Group (WBG) Management prepares an annual self-assessment of its progress toward implementing the full range of outstanding Independent Evaluation Group (IEG) evaluation recommendations. The purpose of the Management Action Record (MAR) assessment system is to support accountability, learning, and adaptation for the WBG’s implementation of recommendations from IEG evaluations. This report is built on information gathering and sharing with IEG. In turn, IEG reviews Management’s self-assessment to judge progress toward achieving the outcomes of active recommendations. The recommendations involve, among other things, actions to enhance operational modalities, inform risk taking, improve guidance for staff, and improve results measurement systems. As part of the accountability function of the MAR, both Management’s self-assessment and IEG’s review are discussed with the Committee on Development Effectiveness (CODE) annually. The 2024 Fiscal Year (FY24) MAR reports on progress in implementing 77 recommendations from 28 evaluations, with 32 new recommendations in the FY24 cycle.
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“World Bank. 2024. Better Results through Learning and Adaptation for a Better World Bank Group: The FY24 Management Action Record. © World Bank. http://hdl.handle.net/10986/42305 License: CC BY-NC 3.0 IGO.”
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