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The Office of Evaluation and Oversight, established in 1999 as an independent evaluation office, OVE evaluates the performance and development effectiveness of the activities of the IDB Group. These evaluations seek to strengthen the IDB Group through learning, accountability and transparency. OVE evaluations are disclosed to the public in accordance with IDB Group policies to share lessons learned with the region and the development community at large.
Evaluate the IDB’s recent support to a country, to provide useful inputs for the design of the following Country Strategy.
Perform a comprehensive analysis within a sector or topic to extract lessons for future IDB Sector Strategies.
Generate lessons and operational recommendations by measuring the impact of individual or specific sets of projects.
Take a look at one of our latest Country Program Evaluations: Chile 2014-2018
Take a look at one of our latest Country Program Evaluations: Nicaragua 2013-2017
Between 2010 and 2016, IDB mobilized more than US$1 billion to finance knowledge activities. Here is our review
MORE ABOUT OVE
Evaluation Policy Framework
The Office of Evaluation and Oversight (OVE) is part of the evaluation system of the IDB Group. Since July 2019, the IDB Group has an Evaluation Policy Framework, approved by the Boards of IDB and IDB Invest.
The Evaluation Policy Framework defines the objectives of the IDB Group’s evaluation system─learning, accountability and transparency. The Policy Framework establishes the scope and principles that guide evaluation in the IDB Group, both for self-evaluation work conducted by IDB and IDB Invest, as well as for independent evaluation work conducted by OVE. It also defines the roles and responsibilities within the evaluation system. Furthermore, the Policy Framework stipulates OVE´s periodic review, consistent with the practice of previous years.
The Office of Evaluation and Oversight is independent from IDB's Management. It has organizational and behavioral independence, and is free from external pressure and conflicts of interest according to the criteria established by the Evaluation Cooperation Group of the Multilateral Development Banks, of which the IDB is a founding member.
In this context, independence implies independence of judgment along with adequate independence in managing the resources that are reasonably necessary to reach an independent judgment, within the framework of general IDB's rules (procurement, budget, travel policies, etc).
OVE's findings, analyses, and conclusions are free from external influence at all stages of the process, including the planning of work programs and budget, formulation of terms of reference, staffing of evaluation teams, execution of evaluations and approval of reports.
See the following related documents for further information:
ACCESS TO INFORMATION
All evaluations produced by OVE comply with the IDB’s Access to Information Policy, ensuring that all information will be disclosed unless it is found on a narrow list of exceptions.
In May 2010, the IDB's Board of Executive Directors approved the new Access to Information Policy, which was enforced on January 1, 2011. The general principle of the new policy is to publicly disclose information unless one of the ten exceptions listed in the policy is applicable. Therefore, the documents and information produced by OVE comply with the new policy, aimed at fostering transparency and dissemination.
The new policy strengthens the IDB's commitment to transparency in all of its activities, ensuring that all information will be disclosed unless it is found on a narrow list of exceptions. The Policy establishes requirements for the timely availability of three types of information—operational, financial and institutional—and creates a two-stage review mechanism for instances in which access to information is denied.
The Office of Evaluation and Oversight comprises a team of approximately 25 staff and 30 research fellows and consultants.
Annually, OVE develops a work program to evaluate the IDB Group that shows planned evaluations, proposed budget for the coming year and an indicative list of evaluations for the following year.
You can review the most recent Work Program for 2023-2024 approved by the Board of Executive Directors, as well as a repository of all OVE's work programs.
TYPES OF EVALUATION
OVE’s multi-year work plan covers four areas: Country Program Evaluations, Sector and Thematic Evaluations, Project Evaluations and Corporate Evaluations.
Country Program Evaluations
These evaluations analyze the relevance, effectiveness, efficiency, and sustainability of the full range of IDB Group’s support to an individual borrowing country over a 4- to 5-year period. This usually corresponds to the time covered by the most recent Country Strategy. Each country program evaluation involves extensive discussions with IDB’s management and country counterparts.
Sector and Thematic Evaluations
These evaluations provide in-depth analysis of IDB’s engagement on a specific sector while supplying lessons learned and advice on future strategic directions.
These evaluations underpin all of OVE’s evaluation work – whether at the country, sector, thematic, or corporate level. An accurate picture of IDB Group’s results requires a clear understanding of the performance of the projects it supports.
Additionally, OVE has an important role in strengthening IDB Group’s overall evaluation “architecture” by validating management’s self-evaluations on project performance.
These evaluations focus on the IDB Group’s own structure and processes and examine how they affect the development effectiveness of its work.
EVALUATION CAPACITY BUILDING
OVE provides Evaluation Capacity Building to borrowing countries through cooperative evaluation agreements to develop evaluation networks in Latin America and the Caribbean. The goal is to increase awareness of the use of evaluation for public administration around the Region.
OVE provides financial and in-kind support to Spanish and Portuguese speaking CLEAR centers in Latin America situated at the Centro de Investigación y Docencia Económica (CIDE) in México and the Fundação Getulio Vargas (FGV)in Brazil.
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- Evaluation Cooperation Group
- Asian Development Bank Independent Evaluation Department
- African Development Bank Independent Development Evaluation
- Black Sea Trade & Development Bank Independent Evaluation Office
- Council of Europe Development Bank Evaluation Department
- OECD Development Assistance Committee
- EBRD - Independent Evaluation Department
- European Investment Bank Operations Evaluation
- International Fund for Agricultural Development - Independent Office of Evaluation
- Islamic Development Bank Operations Evaluation Department
- International Monetary Fund Independent Evaluation Office
- United Nations Evaluation Group
- United Nations Development Program - Independent Evaluation Office
- World Bank Independent Evaluation Group