Evaluation Findings Regarding IDB-8 Guidance and Implications for Future Capital Increase Agreements

Jul 2009
As shareholders contemplate a new capital increase for the Bank, members of the Board of Executive Directors have asked OVE to produce a summary of evaluation findings related to implementing the guidance provided by Governors since 1994. It has evaluated country programs in every borrowing member country, has carried out sector and thematic evaluations in a number of high priority sectors, and has initiated a program of impact evaluation that have started to provide detailed results on the final impact of Bank programs. In addition, OVE undertook an evaluation of Bank instruments, and provided a complete evaluation of the Second New Lending Framework (2005-2008). The present document seeks to review and summarize the results of these previous evaluations as a way of reflecting on key questions regarding the role of capital increase instructions in organizing the work of the Bank.