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Evaluation Cooperation Group

The Evaluation Cooperation Group

The Evaluation Cooperation Group (ECG) is dedicated to harmonizing evaluation work among multilateral development banks (MDBs) by working to strengthen the use of evaluation; providing a forum to share lessons; developing harmonized performance indicators, and evaluation methodologies and approaches; enhancing the professionalism of evaluation; and helping build evaluation capacity

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Evaluation Cooperation Group
The Evaluation Cooperation Group

The Evaluation Cooperation Group (ECG) is dedicated to harmonizing evaluation work among multilateral development banks (MDBs) by working to strengthen the use of evaluation; providing a forum to share lessons; developing harmonized performance indicators, and evaluation methodologies and approaches; enhancing the professionalism of evaluation; and helping build evaluation capacity

Documents

Member's Documents
January 2026
2025: Independent Evaluation Group Validation of the Management Action…
The Management Action Record (MAR) system tracks follow-up to IEG evaluations. This document validates management’s self-assessment covering FY21-24.
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Member's Documents
December 2025
IMF Advice on Fiscal Policy
The evaluation examines the Fund’s fiscal policy advice from 2008 to 2023, covering how that advice has evolved in its multilateral and bilateral surveillance and how it has addressed the three core objectives of output stabilization, fiscal sustainability, and longer-term economic…
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Member's Documents
December 2025
Annual Evaluation Report 2024
The 2024 Annual Evaluation Report (AER) provides an integrated overview of findings and lessons from the evaluation activities conducted by the Independent Evaluation Department (IEvD) of the Islamic Development Bank during the year covering both project and program evaluations (PPE) and macro…
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Member's Documents
November 2025
Asia Pacific Disaster Response Fund, 2009–2024
The Independent Evaluation Department assessed the performance of the Asia Pacific Disaster Response Fund (APDRF), a special fund established in 2009 to provide quick-disbursing grants for lifesaving services in the aftermath of disasters. Over 15 years, APDRF approved 87 grants totaling $146.…
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PBL Book

PBL book image
Policy-based Lending In Support Of Reforms And Structural Transformation In Developing Countries
JOANNE ASQUITH, SHAHROKH FARDOUST, MARK SUNDBERG
Lessons Learned from Independent Evaluations of Lending Operations by Selected Multilateral Development Banks and the European Union
2005-2019
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News and Announcements

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News
24 Jun 2025
12th Edition of the IFAD IEO newsletter now available
Jobs
2 Nov 2025
Managing Director, Chief Evaluator
Publications
12 Sep 2025
IMF IEO publishes its first Evaluation Policy
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News Feeds

19 Dec 2025
New green financing model launched in Serbia

In partnership with Serbia’s Ministry of Environmental Protection and the European Investment Bank’s EIB Global arm, the United Nations Development Programme (UNDP) has launched a new green financing model under the EU for Green Agenda in Serbia initiative.

Source: EIB
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16 Dec 2025
European Commission and EIB Group announce new initiative to mobilise €10 billion investment for Europe’s biotech sector

The European Commission and the European Investment Bank (EIB) Group have today announced an initiative to mobilise €10 billion in investment in 2026-27 into the biotech and life sciences sector.

Source: EIB
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16 Dec 2025
Empowering women-led businesses worldwide: A resilience toolbox

Women entrepreneurs and women-led small businesses are profitable and essential for inclusive growth and the climate transition globally. Yet they remain disproportionately vulnerable to climate shocks, pandemics, and economic crises due to persistent gender gaps…

Source: EIB
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Members and Observers

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