The World Bank Group's GEF portfolio of projects is subject to the Bank's overall portfolio management processes. The Bank's monitoring and evaluation systems are built into projects to clarify project or program objectives and how they are to be met, track progress, and identify areas where adjustments may be needed. Throughout the project cycle, periodic reports on progress against objectives are monitored.
The Bank's regional management have the primary responsibility for monitoring projects in their regions. Task teams carry out bi-annual project supervision and prepares a project status report to the regional management. Most projects are subject to mid-term reviews to assess the progress of the project toward meeting their development objectives. All projects are evaluated by the task team at the time of closing for their success or failure in addressing the stated development objectives. Based on their evaluation, task teams prepare project completion reports for management.
Along with the regional portfolio management processes, the Bank's Quality Assurance Group (QAG) reviews samples of projects to evaluate the quality of new projects and supervision of ongoing projects. Results of these analyses are fed back to project staff for learning and project improvement.
Independent evaluation of completed projects and programs is provided by the Bank's Independent Evaluation Group (IEG) for the World Bank (IBRD and IDA) supported programs and projects. The goals of evaluation are to learn from experience, to provide an objective basis for assessing the results of the Bank's work, and to provide accountability in the achievement of its objectives. It also provides support for evaluating capacity development in recipient countries, and disseminates the results of evaluations within and outside of the Bank.
In consultation with the Implementing Agencies, the GEF Secretariat's Evaluation Office unit also carries out GEF-wide thematic reviews and program evaluations. The lessons that emerge from these exercises are fed back into project planning and implementation cycles and shared with partner institutions through workshops and publications.
These evaluation activities are not carried out in isolation. Rather, they form an interconnected system for quality assurance and learning across Bank Group activities. This interconnectedness is supported by regular consultations among the Bank Group units involved as well as with partners on issues of evaluation methods, criteria and results sharing.
This section provides links to IEG website, Bank Group's summary of Project Performance Reports, Project Implementation Reviews, the GEF Secretariat Evaluation Office's reports including GEF Overall Performance studies, Project Performance Report, and various thematic reviews.
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