The Independent Evaluation Department (IED) conducted a formative evaluation of the ADB's New Operating Model (NOM) to provide real-time analysis and insights, identify good practices, and suggest necessary adjustments to support its implementation. It is intended to support ADB’s Board…
As a flagship report of the Independent Evaluation Department (IED) of the Asian Development Bank (ADB), the Annual Evaluation Review (AER) provides ADB Board, Management, and other stakeholders in the development arena with an independent, high-level perspective on ADB’s development…
In September 2019, the Board of Directors of the Asian Development Bank (ADB) approved a senior secured loan of up to $60 million or its yuan equivalent to Maxwealth Financial Leasing Co., Ltd. (MWFL) in the PRC. The loan's objectives were two-fold: (i) to fund the construction,…
This report from the Office of Evaluation and Oversight (OVE) of the Inter-American Development Bank (IDB) compares the project development effectiveness management instruments for sovereign guaranteed operations of the IDB with those of four peer institutions: the African Development Bank (…
This evaluation assesses ADB’s contribution to education for poverty reduction and inclusive growth from 2011 to 2023. It argues that ADB should adopt a systems-based approach to address education challenges more effectively. To be more transformative, ADB should prioritize learning quality,…