This Annual Evaluation Review 2017, published by the Evaluation Department (EvD) of the European Bank for Reconstruction and Development (EBRD), summarises the Bank’s evaluation activities, ndings and results. It provides evidence-based operational insights, principally to the Bank’s shareholders, Management and other stakeholders that contribute to the Bank’s accountability for performance and continued institutional improvement.
Major thematic evaluations completed in 2017 produced important insights on the Bank’s performance and results in a wide variety of sectors and contexts – from equity operations to local capital markets – and examined big-picture issues, such as the additionality concept. More than 140 self-evaluations by project teams in 2017 provided supporting data for themes emerging from the evaluations over the past few years. Together, EvD’s thematic evaluations and independent project-level evaluations provide direct feedback for operations teams, and strategically useful insights and results for Board Directors and senior Management.