Japanese Trust Funds at the IDB - Proposal for a Second Independent OVE Evaluation
The evaluation will seek to verify to what extent the most recent batch of Japanese Trust Funds (JTF) operations meet the objectives expressed in the agreement establishing the JTF at the IDB, and their subsequent amendments and sectorial preferences. The evaluation will cover the 225 JTF projects that completed disbursement between January 1st 2006 and December 31st 2012; amounting to approximately US$89 million in Japanese contributions. OVE will consider project results in the context of the respective countries and sectors and their potential contribution to broader developmental outcomes. OVE will also assess the effect of the Bank's trust fund management processes on observed results and stakeholder satisfaction, as well as ascertain the degree of implementation of the recommendations of the First JTF OVE Evaluation.