ECG Key Document
Review Framework for the Evaluation Function in Multilateral Development Banks
This report outlines a Review Framework for the evaluation function in MDBs -- the World Bank Group, Inter-American Development Bank, African Development Bank, Asian Development Bank, the European Bank for Reconstruction and Development, and the European Investment Bank. It outlines the main features of a concept for carrying out reviews of evaluation departments and more generally evaluation systems. The proposals in this report draw on the experience gained of Peer Review Systems developed by the OECD/DAC Evaluation Network.
The ultimate objective of the establishment of the Review Framework is to distil and help implementing best practice to improve the evaluation functions and harmonize evaluation approaches. However, it will take time to achieve this objective. Initial expectations are modest as the Review Framework will be developed and refined on a step by step basis as experience is gained. The focus of the Reviews will be on mutual learning and disseminating best practices among the participating institutions.