The Independent Evaluation Group (IEG) is an independent unit within the

World Bank Group The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Gr ...

(WBG) charged with objectively evaluating the activities of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA; collectively, the

World Bank The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. The World Bank is the collective name for the Inte ...

), the work of

International Finance Corporation The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset-management services to encourage private-sector development in less developed countries. The IFC is a member of ...

(IFC) in private sector development, and the

Multilateral Investment Guarantee Agency The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against ...

's (MIGA) guarantee projects and services to provide accountability, help de WGB avoid unnecessarily mistakes and successfully reach their goals. The head of IEG, the Director-General, Evaluation, reports directly to the Bank Group's Board of Executive Directors and not to Bank Group management.

Improving development effectiveness by showing what works

The World Bank Group has twin goals: to end extreme poverty and boost shared prosperity. To achieve these goals, the World Bank Group needs to better understand what works and why, to draw lessons and good practices from experience, deepening the evidence base to inform decision making and future action. IEG evaluations seek to provide objective assessments to ensure that the Bank Group is accountable for achieving its development objectives. IEG is one of the 4 units (the four I's) that ensure oversight and accountability at the World Bank Group: the Inspection Panel (IPN) and the Independent Evaluation Group (IEG) reporting to the Board of Executive Directors; the Internal Audit (IAD) reporting to the President and to the Audit Committee; the Integrity Vice Presidency (INT) reporting to the President.

Expanding evaluation capacity

IEG also provides training and advisory monitoring and evaluation (M&E) services to Bank Group client countries. Through this evaluation capacity development, IEG is readying a network of capable evaluators to perform M&E services in their own countries and regions. IEG is a partner in th
International Program for Development Evaluation Training
(IPDET), th
Regional Centers for Learning on Evaluation and Results
(CLEAR), and the Evaluation Cooperation Group (ECG).

Director-General, evaluation

Alison Evans, a United Kingdom national, assumed her position as Director-General, Evaluation at the World Bank Group on January 3, 2019. Before her current role, Dr. Evans was the Chief Commissioner of the UK’s Independent Commission for Aid Impact (ICAI) based in London, England. Alison Evans brings more than 25 years of international development experience, spanning policy, research and evaluation across diverse geopolitical and multicultural environments. Prior to joining ICAI, she was Executive Director of the Overseas Development Institute (ODI), the UK’s leading international development think tank, helping to steer new strategic directions and a strong results focus for the organization. She worked for six years as a Senior Economist at the World Bank, as a member of the team producing the WDR 1997 and as a Senior Evaluation Specialist in OED (former name for the Independent Evaluation Group). She earned a Ph.D. in Development Studies from the University of Sussex and a Master's in Economics and Politics from the University of Cambridge.https://ieg.worldbankgroup.org/expert/alison-evans/, title= About IEG, date=2019-01-01

History

Evaluation of World Bank projects began in 1970, when President Robert McNamara created an Operations Evaluation Unit in the bank's Programming and Budgeting Department. In 1973, the unit was renamed the Operations Evaluation Department, and thereafter gained increasing independence from bank management. The

(IFC) established an evaluation unit in 1984, and in 1995, the unit increased its independence under a new name, the Operations Evaluation Group. The

(MIGA) created an evaluation office in 2002. In July 2006 the Board of the Bank Group integrated the independent evaluation functions of the World Bank, IFC, and MIGA into a single unit, the Independent Evaluation Group.

References

* Patrick G. Grasso, Sulaiman S. Wasty, Rachel V. Weaving (2003). World Bank Operations Evaluation Department - The First 30 Years. The International Bank for Reconstruction and Development / The World Bank. .

External links