Approach Paper: Evaluation of Guarantee Instruments at the IDB Group

This approach paper defines the objectives, scope, and methodology for the Office of Evaluation and Oversight's (OVE) evaluation of guarantee instruments at the Inter-American Development Bank Group (IDB Group). The objective of the evaluation is to assess what role IDB Group guarantees have played in supporting its clients and to explore whether guarantees could play a more prominent role going forward and to draw lessons and recommendations.