This evaluation reviews the partnership between the Spanish Agency for International Development Cooperation (AECID) and the European Investment Bank (EIB), created to support private sector development in the Southern Mediterranean region through risk capital investments.
This evaluation assesses the decision-making processes that guided the evolution of the application of the Fund's mandate, the criteria and principles used to operationalize engagement in newer policy areas, and the coherence of the Fund’s framework for engaging with partners.
The EIB’s advisory activities are designed to enhance the bankability, investment readiness and efficient implementation of projects. The EIB Group’s Evaluation function conducted an independent corporate evaluation of the EIB’s delivery of advisory activities in the European Union since 2014.
The Evaluation function (IG/EV) of the European Investment Bank Group (EIBG) promotes accountability through evidence-based assessments of the Group’s performance and results. It also contributes to learning, feedback and knowledge sharing to inform EIB Group decisions on policies, strategies…