 Water and Development: An Evaluation of World Bank Support, 1997-2007
Faced with mounting shortages of water, a worsening trend in water pollution and growing damages from climate change, the international community must find additional ways to support countries in managing their water resources. The challenge, is to meet today's water needs while putting in place innovative strategies to address water stress -- manifested in shortages projected in the order of 40 percent by 2030 according to some calculations. This report examines the World Bank's support for water-related activities and draws implications for what ought to be done.
For more information and to download the report, click here.
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 China Utility-based Energy Efficiency Finance Program
IEG evaluated the performance of IFC's energy efficiency finance program in China aimed at stimulating energy efficiency investments through bank guarantees and advisory services. This was the first IEG evaluation to assess the performance of IFC programs in the area of climate change, a strategic pillar for IFC. It also was the first evaluation of IFC's investment operations focusing on impacts: assessing the differences made by the program by comparing it to a situation with no IFC intervention, and conducting the analysis along the chain of interventions. As part of this evaluation IEG also
reviewed IFC's past similar operations in Eastern Europe and Russia to
consolidate the lessons learned. The findings shed light on IFC's program performance from a perspectives that is different from the conventional benchmarks and objective-based evaluations.
Click here to download the report.
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 Poverty Reduction Support Credits: An Evaluation of World Bank Support
The Poverty Reduction Support Credit (PRSC) is
one of the World Bank's key tools to support developing countries. PRSCs were
introduced in early 2001, in the context of global changes in aid architecture,
which recognized the importance of country ownership, government reform
commitment, and multidimensional poverty reduction. Compared with previous
adjustment lending, PRSCs intended to ease conditionality, provide predictable
annual support, and strengthen budget processes in results-based
frameworks.
For more information, and to download the report, click here.
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About The Independent Evaluation Group
The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group; it reports directly to the World Bank Group's Board of Executive Directors. IEG assesses what works, and what does not; how a client plans to run and maintain a project; and the lasting contribution of the World Bank Group to a country's overall development. The goals of evaluation are to learn from experience, to provide an objective basis for assessing the results of the World Bank Group's work, and to provide accountability in the achievement of its objectives. It also improves World Bank Group's work by identifying and disseminating the lessons learned from experience and by framing recommendations drawn from evaluation findings.
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