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Global Crisis_coverThe World Bank Group's Response to Global Economic Crisis

The global economic crisis threatens to erase years of progress in developing countries. In response, the World Bank Group (World Bank, International Finance Corporation, Multilateral Investment Guarantee Agency) increased lending to unprecedented levels. But increases in financing volume must be matched by quality to achieve sustained economic results. Quality-at-entry indicators have generally been positive. But certain areas are cause for concern.

This IEG study is a real-time assessment of ongoing activities. It evaluates the immediate results and serves as an input to the WBG's continuing efforts to address the effects of the crisis.

For more information, and to download the report, click here.

This review is IEG's first Bank Group-wide annual evaluation. It looks at select issues of current relevance related to development results. Regarding the World Bank, this report considers the importance of decentralization but, based on limited data, does not find any association with project performance. At IFC, a number of projects show gaps in quality at entry-a specific rating-relative to the institution's credit review guidelines. For MIGA to deliver on its development mandate and improve project development outcomes, strengthening the quality of underwriting is critical.

For more information, and to download the report, click here.


This study reviews the World Bank's efforts in mitigating climate change, which have expanded rapidly in recent years. Seeking lessons on what works and what doesn't, the report stresses five measures that offer attractive local benefits while fighting climate change: energy efficiency; forest protection; appropriate project finance; technology transfer; and accelerated learning.

For more information, and to download the report, click here.


Agribusiness_coverGrowth and Productivity in Agriculture and Agribusiness

The cost of inadequate attention to agriculture, especially in agriculture-based economies, came into focus with the food crisis of 2007-08. The crisis added momentum to an emerging renewal of attention and stepped-up financing to agriculture and agribusiness at the World Bank, IFC, and other multilateral and bilateral agencies. World Bank financing rose two and a half times from 2008 to 2009, although this increased lending seems to have been accompanied by a decline in analytical work. This evaluation seeks to provide lessons from successes and failures in the Bank Group's activities in the sector to help improve the development impact of the renewed attention.

For more information, click here.


CLEAR logoNew Partnerships: The CLEAR Initiative

CLEAR (Regional Centers for Learning on Evaluation and Results) is a new global initiative to help developing countries strengthen their capacities in monitoring, evaluation, and performance management to support the achievement of results. The initiative supports regionally-based academic institutions to provide customized and demand-driven capacity development, technical assistance, and knowledge services in monitoring and evaluation. The University of the Witwatersrand's School of Public and Development Management in Johannesburg, South Africa, was recently selected to host the first regional CLEAR center in Africa.   CLEAR is supported by ADB, AfDB, DfID, SIDA, and the World Bank.

For more information, 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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