Disruptive and transformative technologies (DTT) have far-reaching implications for development. Traditional development models are being disrupted by the accelerating pace of technological change and the convergence of multiple technologies, among other things. Recognizing the implications of...

IEG's Results and Performance of the World Bank Group 2021 report, also known as RAP 2021, assesses the World Bank Group's performance by analyzing the achievement of project and program objectives through validated ratings. The World Bank's outcome ratings steadily improved from FY10 onward and...

The Management Action Record (MAR) is a key element of the World Bank Group's accountability framework. The MAR supports accountability in the follow-up of Independent Evaluation Group (IEG) evaluation recommendations by enabling meaningful tracking, dialogue, and self-assessment of World Bank...

State Owned Enterprises (SOEs) play a major role in many developing and emerging economies, where governments use them to achieve economic, social, and political objectives. SOEs deliver and extend access to services, fill gaps in markets, develop key sectors or regions, and provide employment....

The World Bank Group's success rests on its ability to help its client countries achieve the development outcomes they desire. This demands a strong outcome orientation at the country-level, defined as the Bank Group's ability to generate feedback on what works, what does not, and why, use this...

This report is an annual review of the development effectiveness of the World Bank Group. The report assesses the World Bank Group's performance by analyzing the achievement of project and program objectives through validated ratings and by classifying these objectives according to their outcome...

For the Independent Evaluation Group (IEG), fiscal year (FY) 20 was a year of both internally and externally driven reform. IEG began the year with a mission to listen to the needs of our clients and stakeholders and improve our methods, relationships, and products to increase the relevance and...

This first-of-its-kind evaluation assesses the scope of the World Bank Group's convening power and how effectively it is deployed. The report finds that the Bank Group's comparative advantages give it strong convening power that it uses on many development issues. In so doing, it meets the...

This evaluation provides lessons that could inform IFC's approach to the deployment of the blended finance instrument. Blended finance is a risk mitigation tool for investments that find it difficult to attract commercial funding. Blended finance refers to the combination of concessional and...

The Clean Energy Transition-the pathway for decarbonizing global energy-is essential to foster inclusive and sustainable growth while addressing climate change. Based on EIA forecasts, IEG estimates that annual global financing for RE needs to double, from USD 300 billion to USD 600 billion...