IEG—Independent Evaluation Group
The IEG was established in 1973, and was previously known as the Operations Evaluation Department. It reports to the executive board of the World Bank. Its headquarters are located in Washington D.C. and the current director general is Dr. Vinod Thomas. It is an independent unit within the World Bank designed to assess: the effectiveness of development projects; how projects will be run by a borrower; and the long-term impact of projects on a country's development. It covers both public and private lending. These functions aim to provide objective assessment of the Bank's work and to learn from the experience of projects. Its stated aim is to provide accountability and to disseminate lessons learnt and provide recommendations from evaluations. read more background...
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News||22 April 2013|
The 2013 spring meetings of the World Bank and IMF will take place from 18 to 20 April in Washington, DC. You will be able find links below to analysis of the communiqués as well as notes of some of the civil society and official meetings, as they become available. read article...
News||13 February 2013|update 84|
An annual Independent Evaluation Group (IEG) report on the Results and performance of the World Bank Group 2012 showed declining effectiveness at the Bank Group, with its worst ratings in the areas where its lending is increasing the fastest or it is prioritising work, such as infrastructure and public-private partnerships (PPPs). read article...
A forest of failures "Negligible" sustainability in World Bank's forest work
News||12 February 2013|update 84|
A leaked copy of an evaluation of the Bank's forest strategy criticises the Bank's failure to address social and environmental goals. Further criticism has also been raised over the Bank's Forest Carbon Partnership Facility (FCPF). read article...
News||16 October 2012|
Analysis, news, and about the events inside and around the World Bank/IMF annual meetings 2012. This page is being updated regularly. read article...
Minutes||11 October 2012|
This session provided CSOs with the opportunity to have an exchange with IEG's Director-General and Senior Vice President on the role of the IEG. read article...
Minutes||10 October 2012|
This session featured a discussion on the implications of current water policy reforms that have increasingly privatised and commodified water. read article...
Accountability squandered? World Bank should wait for justice in Cambodia
Comment||22 June 2012|update 81|
Despite a 2011 victory in Cambodia, where a mass eviction in the centre of Phnom Penh was halted and remaining affected families finally gained legal title to the land they had been wrongly denied under a World Bank project, recent arrests have put justice in jeopardy and led to calls for a continued lending freeze by the Bank. read article...
Minutes||21 April 2012|
Minutes of IFC and extractives meeting, Washington DC, 21 April 2012 read article...
News||20 April 2012|
Analysis of the 2012 World Bank and IMF spring meetings and related events, including the selection of new World Bank president Jim Yong Kim. read article...
'Leveraging' private sector finance How does it work and what are the risks?
Report||18 April 2012|
The notion that public investments should be used to 'leverage' additional investments from private actors is increasingly used in a variety of development finance forums, including aid, development finance, agriculture and, in particular, climate finance. The World Bank has become one of the leading proponents of this concept, though nowhere has it spelled out clearly what it means by 'leverage' or how it should be measured. read article...
'Leveraging' private sector finance: How does it work and what are the risks? 18 April 2012
The role of the World Bank in carbon markets 4 February 2011
How much trust should we put in the funds? 16 September 2005
Adapting to climate change 12 November
Forest Carbon Partnership Facility 27 August
worldbankpresident.org 17 January
Independent Evaluation Group review of the FCPF 22 November