Independent Evaluation Group (IEG) FY26 Work Program and Budget and FY27-28 Indicative Plan
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Washington, DC: World Bank
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Multiple shocks, including the accelerating climate crisis, mounting public debt, increasing food insecurity, an unequal recovery after the COVID-19 pandemic, and the effects of geopolitical conflicts, have affected the global development landscape in recent years and have jeopardized the progress made by the World Bank Group (WBG) on its mission end extreme poverty and boost shared prosperity on a livable planet. In response, the WBG is adapting its approaches by seeking out efficiencies, ways to speed up and scale up its engagements, and focusing on priority areas (as laid out in the WBG’s Global Challenge Programs (GCPs). The Independent Evaluation Group (IEG), in its unique role to analyze past experiences to inform future decisions, has also adapted to ensure its work is relevant for Board members as well as WBG Management. In Fiscal Year 2024 (FY24), IEG adjusted its strategic framework in line with the evolving context of the WBG, including a revision of IEG’s work streams into new thematic streams that reflect the WBG’s vertical themes of Planet, People, Prosperity, Infrastructure, and Digital Technology. In addition, IEG continues to conduct cross-cutting evaluations on Fragility, Conflict, Violence (FCV), Gender, and Private Capital, and retains its work on corporate effectiveness issues and country program evaluations. IEG started to develop Theories of Change (ToC), which will be a core component of IEG’s evaluation selection process going forward. ToCs and evidence gap maps for each of the work program’s thematic streams and additional sub-streams guide the identification of overarching evaluation questions and prioritization of evidence gaps that can be addressed through IEG’s work.
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CLIMATE ACTION, ZERO HUNGER, SUSTAINABLE CITIES AND COMMUNITIES, PARTNERSHIP FOR THE GOALS, GLOBAL CHALLENGE PROGRAMS (GCPS), WORLD BANK GROUP OPERATIONS, IEG EVALUATIONS