Independent Evaluation Group (IEG), World Bank Group

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Independent Evaluation Group (IEG), World Bank Group

IEG evaluates the development effectiveness of the World Bank Group (the International Bank for Reconstruction and Development and International Development Association, the International Finance Corporation, and the Multilateral Investment Guarantee Agency.)

IEG is independent of the Management of the World Bank Group and reports directly to the Executive Board.

Our Goals

IEG’s overriding goal is to help the World Bank Group build on its successes and avoid unnecessarily repeating past mistakes. Our two medium-term objectives are:

  • To deepen the evidence about the results of the World Bank Group towards the achievement of its goals of accelerating poverty reduction and boosting shared prosperity. 
  • To generate evidence on the early implementation experience of the World Bank Group Strategy to ensure shareholders and managements can make necessary mid-course corrections. By doing so, we also aim to promote a stronger internal culture for results, accountability, and learning.

What We Do

To achieve our goals, we undertake a diverse set of evaluations to:

  • Address strategic or systemic issues,
  • Focus on specific countries or projects,
  • Ensure a systematic assessment of portfolio performance, and
  • Promote greater learning from IEG’s work.

We are committed to continuously expanding the use of innovative evaluation methods to complement traditional approaches, including assessing outcomes against stated objectives, benchmarks, and standards.

To enhance the effectiveness of our work, we invest in systematic outreach to bring our findings and recommendations to the right stakeholders, at the right time, and in the right format.