The World Bank's project outcome ratings, which have been improving steadily since FY10, saw a steep increase of 9 percentage points in FY20, according to IEG's Results and Performance of the World Bank Group 2021 (RAP2021). The International Finance Corporation's (IFC) ratings for investment projects increased on a three-year rolling basis for the first time in 10 years and the ratings for advisory projects continue to improve.
This report, also known as RAP 2020, is an annual review of the development effectiveness of the World Bank Group. To provide new perspectives on performance, RAP 2020 also analyzes outcomes and discusses ways in which the Bank Group can continue to enhance its outcome orientation.
IEG evaluates how well the World Bank Group’s policies, processes, and instruments work. These evaluations cut across sectors and practices. For example, we review:
And what implications will all of these have for the future?
The new gender strategy presents a unique opportunity for us all to support the World Bank Group in getting the implementation right this time. It will require the Bank Group to move decisively towards documenting results rather than intentions, and to think more of the quality of gender integration. To put down the resources at all levels and, above all, to stay the course.
The Independent Evaluation Group's (IEG) Results and Performance of the World Bank Group (RAP) is a comprehensive assessment of World Bank Group performance, drawing on recent IEG evaluations.
Earlier this month, the Independent Evaluation Group released its 2015 annual report, looking back at our operations over the twelve months ending June 2015. This year's IEG report is significant for many reasons, not least because it marks the first year since the World Bank Group launched its most far-reaching internal reorganization in recent years.
The year 2015 is pivotal in international development. As the era of the Millennium Development Goals (MDGs) concludes, work continues to take forward the unfinished MDG agenda and to define and meet the more ambitious Sustainable Development Goals (SDGs). In preparation for the new challenges, the World Bank Group is changing. A new strategy in 2013 set two ambitious goals: ending extreme poverty by 2030 and boosting shared prosperity for the bottom 40 percent in a sustainable manner.
