Selection stages
The IDB reviews and selects proposals presented to Annual CFPs by means of a four-stage process:
STAGE 1. DETERMINATION OF ELIGIBILITY
- Verification of the regional dimension of the proposal
- Verification of the public dimension of the proposal
- Analysis of the quality of proposals (vertical logic, sustainability and evaluability)
STAGE 2. TECHNICAL REVIEW OF ELIGIBLE PROPOSALS AND RANKING
- Review of the technical soundness of the proposal: analysis of the objectives; expected benefits; planned activities to produce the regional public good; the coherence of the budget proposal with the planned activities; and the capacity of the executing agency
- Ranking of proposals considered technically sound based on three criteria: (i) strategic relevance; (ii) regional value added; and (iii) sustainability
STAGE 3. COUNTRY RELEVANCE
- Priorization of proposals as high, medium or low priority according to their alignment with priorities in participating countries
STAGE 4. APPROVAL
- Approval of the list of proposals recommended for financing based on the inputs received during stages 1 to 3
