Evaluability Review of Bank Projects 2012
The importance of evaluation as a tool to promote learning and improve effectiveness has been extensively recognized in the Bank and reflected in the attention given to evaluability. As a consequence, OVE is required by the IDB-9 Agreement to report annually on the evaluability of the Bank's portfolios. This is the second annual report and assesses only Sovereign Guaranteed (SG) projects approved in 2012, since the tools for analyzing Non-Sovereign Guaranteed projects have been under revision. In addition to reporting on the overall evaluability of the SG projects approved in 2012, the report also analyzes whether the introduction of the Development Effectiveness Matrix (DEM) in 2011 - and the strength of DEMs since then - appears to be linked to stronger project monitoring during implementation through the Progress Monitoring Report (PMR).