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  2. Results-Based Lending Instruments: How They work

Results-Based Lending Instruments: How They work

Expected Benefits

1. Better results

The Borrower has a strong incentive to ensure that the project delivers intended results.

2. Ownership

The Borrower has a clear accountability and ownership for the project and its results.

3. Efficiency and cost-effectiveness

The Lender can ensure that funds are directed to projects and activities that deliver real results.

4. Capacity Development

Borrowers are incentivized to invest in building the necessary implementation capacity to ensure project completion and results.

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Program for Results: An Early Stage Assessment of the Process and Effects of a New Lending Instrument

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The Independent Evaluation Group evaluates the work of the World Bank Group to find what works, what doesn't, and why. IEG evaluations provide an objective assessment of World Bank Group results, and identify lessons learned from experience. Through independent evaluation, IEG is helping the World Bank Group achieve its twin goals of eradicating extreme poverty and boosting shared prosperity.

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