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Development Effectiveness = Results
Increasing development effectiveness of the Bank’s work takes a two-pronged approach: the one from the bottom-up focuses on measuring the results of each development intervention; and the other from the top-down focuses on measuring institutional-level results. The bottom-up approach was launched with the approval of the Development Effectiveness Framework (DEF) in 2008. The top-down approach is reflected in the IDB Results Framework approved for the Ninth General Capital Increase.
IDB’s development products are Country Strategies, Sovereign-Guaranteed Operations, Non-Sovereign Guaranteed Operations, and Knowledge and Capacity Building products. The chart below illustrates how development effectiveness is integrated from program design through completion for Sovereign Guaranteed Operations.
Designing
for Results
At entry, proposals identify the magnitude of the development challenge to be addressed by the project, its proposed solution alongside a results matrix and monitoring and evaluation plan. The proposals are rated for its alignment with strategic priorities, evaluability and its additionality, through a Development Effectiveness Matrix (DEM).
Monitoring
our Progress
Implementation is monitored using a quantitative approach to track the achievement of a project’s outputs and outcomes relative to its estimated time and cost parameters, through the Project Monitoring Report (PMR). At 18 months from execution a Loan Results Report (LRR) will be prepared to assess potential implementation issues.
Identifying
Impacts
Results at completion are reported in the Project Completion Report (PCR), and are externally validated by the Office of Evaluation and Oversight. The Bank’s strong commitment to produce evidence on “what works” has resulted in an increased number of operations that include rigorous impact evaluation.
