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NEW EVALUATION

During the first decade of the 2000s, Brazil made important achievements in shared prosperity: it achieved fiscal sustainability and economic growth while at the same time reducing poverty and income inequality. The question IEG now asks is whether the Bank Group can be transformational in large middle-income countries.


NEW EVALUATION     

The Global Environment Facility (GEF) was established in 1991 to provide funding to achieve global environmental benefits in six focal areas: biological diversity, climate change, international waters, land degradation, ozone layer depletion, and persistent organic pollutants. As the Trustee of the GEF, the WBG is one of the original Implementing Agencies of GEF-funded projects. IEG found that the mandates and strategies of the Bank Group and the GEF have been highly compatible and mutually relevant both in the past and today.

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About The Independent Evaluation Group
The Independent Evaluation Group (IEG)
is charged with evaluating the activities of IBRD and IDA (the World Bank), the work of IFC in private sector development, and MIGA's guarantee projects and services. The Director-General of IEG reports directly to the World Bank Group's Board of Directors. The goals of evaluation are to provide an objective assessment of the results of the Bank Group's work and to identify and disseminate lessons learned from experience. 
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