Independent Evaluation Group (IEG)

The Independent Evaluation Group (IEG) evaluates World Bank Group interventions. This includes the World Bank, the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA) and the International Bank for Reconstruction and Development (IBRD). We deliver evaluations and learning products to spread knowledge and real time learning of #WhatWorks and what doesn't in international development. We support the mission of eliminating extreme poverty and boosting shared prosperity by 2030 through excellence in evaluation. 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. In that, we are focusing on interim targets for 2020. 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, To focus on specific countries or projects, To ensure a systematic assessment of portfolio performance, and To 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.