Beginning on January 1, 2016, the Update to the Institutional Strategy (UIS) will set the IDBG’s course for the next four years. The Update will help the IDBG to respond to specific client needs in a quicker and more proactive way. As part of the action plan to implement the UIS, updating the CRF to monitor and measure the organization’s performance is essential to better reflect the progress on the institutional priorities at a corporate level.
The CRF 2016-2019 includes indicators that reflect the Update to the Institutional Strategy’s priorities and are suitable for the entire IDB Group (which includes the Inter-American Development Bank, the Multilateral Investment Fund and Inter-American Investment Corporation ). Indicators are associated with one or more of the three UIS challenges, namely: (1) Social inclusion and equality; (2) Productivity and innovation; and (3) Economic integration; and, with one or more of the three cross-cutting issues: (1) Climate change and environmental sustainability; (2) Gender equality and diversity; and, (3) Institutional capacity and rule of law. Performance indicators are organized around the six UIS operational guiding principles: i) Responsiveness; ii) Multi-sectorality; iii) Effectiveness and efficiency; iv) Leverage and partnerships; v) Innovation and knowledge; and vi) Strategic alignment.
More information about the CRF 2016-2019 can be found in this brochure.
The CRF 2016-2019 was developed using a wide array of inputs including the Update to the Institutional Strategy, lessons learned from the CRF 2012-2015, active engagement with the IDB’s Board of Executive Directors, the CRF Network of Champions*, the international development agenda and other multilateral development banks (MDBs).
(*) The CRF Network of Champions is a group of technical specialists from across the IDB Group that has developed the indicators’ definitions, baselines, and targets for the CRF 2016-2019.
The CRF 2016-2019 is structured on three levels: (1) Regional Context; (2) Country Development Results; and (3) IDBG Performance.
The Regional Context level highlights the region’s long-term development progress. These very high level indicators are not attributable to the Bank Group because progress made on each indicator is the result of a combination of actions, policies, and measures implemented or funded by the countries in the Region. The second level, Country Development Results, provides aggregate data on outputs and outcomes supported by IDBG-financed projects. The third level, IDBG Performance, measures how we support countries and clients in achieving results.
The CRF 2016-2019 includes about 50 indicators. A set of auxiliary indicators has been included to report on the broader range of IDBG support to its borrowing member countries and clients. A complete list of indicators can be found here.
The Inter-American Development Bank (IDB) CRF was developed as part of the Ninth General Capital Increase (IDB-9) to provide the Bank with an accountability mechanism to measure and report on progress on the institutional priorities set in the IDB-9 during the period 2012-2015. Additional information about the CRF 2012-2015 can be found here.
The IDB measures its annual progress toward institutional priorities and selected development goals through the CRF. These results are presented every year as part of the Development Effectiveness Overview (DEO) report. The DEO is an annual report produced by the IDB to show the results and impact of its work in Latin America and the Caribbean.
You may find additional information of the CRF 2016-2019 indicators and the Update to the Institutional Strategy (UIS) in the links below:
- Corporate Results Framework 2016-2019
- CRF Technical Guidance Note
- Updating of the IDB’S Corporate Results Framework (CRF): Proposal to Request Delegation of Authority from the Board of Governors
- CRF 2012-2015 Results
- CRF 2016-2019 Brochure
- CRF 2016-2019 list of indicators
- Update to the Institutional Strategy 2010-2020: Partnering with Latin America and the Caribbean to Improve Lives