Results and Performance of the World Bank Group 2023 - An Independent Evaluation

This is the 13th annual Results and Performance of the World Bank Group (RAP) report, and management welcomes the overall positive findings of performance at the project level and the various steps taken to address operational disruptions during the COVID-19 pandemic. [...] MIGA also observes that the scope of the RAP 2023 did not include an assessment of the effectiveness of collaboration across the World Bank—a significant aspect of the work pertaining to the “Evolution of the World Bank” and the “new playbook.” While the subject was touched on in the previous RAP, reflecting in part a focus on more country-level evaluation evidence, MIGA would find it useful if IE. [...] xxxiv Results and Performance of the World Bank Group 2023  Management Response 1 | I ntroduction This Results and Performance of the World Bank Group examines the evolution of the World Bank Group’s project-level results and performance, analyzing the development outcomes and factors that have shaped project implementation and performance, especially in the context of the COVID-19 pandemic. [...] Specifically, this report assesses the results and performance of the World Bank, which includes the International Bank for Reconstruction and Development and the International Development Association (IDA); the International Finance Corporation (IFC); and the Multilateral Investment Guarantee Agency (MIGA). [...] Chapter 2 focuses on the results and performance of the World Bank, chapter 3 on the results and performance of IFC, and chapter 4 on the results and performance of MIGA.