Member's Documents
This report presents the mid-term evaluation of the African Development Bank Group's (AfDB or "the Bank") Policy on Results-Based Financing (RBF). Approved on a pilot basis in November 2017 by the AfDB Board of Directors, the RBF became the Bank’s third financing instrument,…
Member's Documents
The Independent Development Evaluation (IDEV) at the African Development Bank (AfDB) conducted a comparative study on the operating models of six Multilateral Development Banks (MDBs), notably, the World Bank, the Asian Development Bank, the Islamic Development Bank, the InterAmerican…
Member's Documents
This first edition of the “Evaluation Learning Lens”, a new series by the IEvD, provides clear, actionable insights from EBRD’s COVID-19 response. It highlights key lessons on crisis preparedness, swift emergency actions, and long-term recovery strategies. The rapid adaptation of EBRD’s…
Member's Documents
The unprecedented global crisis triggered by the COVID-19 pandemic created a unique stress-testing environment for the European Bank for Reconstruction and Development (EBRD), challenging its operational norms and prompting an expedited response. The first among its peer international…
Member's Documents
This evaluation, the first for a multilateral development bank, assesses the EBRD’s additionality and transition impact in MREL and bail-in-able products from 2016 to 2023. While profitable and demand-driven, the EBRD’s approach has been projectbased, lacking consistent focus on systemic,…
Member's Documents
Green bonds are vital to channelling capital towards green projects. In recent years, green bonds have grown significantly, already accounting for approximately 4% of the global bond market. The objective of this report is to provide evaluative evidence on EBRD’s relevance as a green bond…