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IFC’s evaluations aim to articulate credible and comprehensive development impact results of our activities, ensure accountability to our many stakeholders, add value to our clients, and inform strategy and operations within IFC and beyond.
IFC’s evaluations are closely linked to both our monitoring and knowledge systems, allowing us to demonstrate how our work contributes to economic growth. For example, we look at the impact our projects have on creating jobs and providing services, both of which are critical pathways for achieving the World Bank Group’s twin goals of eradicating extreme poverty and boosting shared prosperity.
IFC evaluative thought leadership adds a wider value to the community of Development Finance Institutions on the impact of private sector investments. It also contributes to potential ex-ante impact consideration for new investments in developing, fragile, and conflict-affected contexts. Our work complements evaluations conducted by the Independent Evaluation Group, which reports directly to the Board of Directors.