Annual Evaluation Report 2021

ANNUAL EVALUATION REPORT 2021 OPERATIONS EVALUATION DEPARTMENT 3 IsDB Annual Evaluation- Report 2021 TABLE OF CONTENTS List of Figures 4 List of Acronyms and Abbreviations 5 Acknowledgments 7 Foreword 8 Executive Summary 10 Chapter I: Introduction About OED 2021 Evaluation Highlights 18 20 21 Chapter II: Performance Assessment Overview Overall Performance Assessment Criteria-Based Analysis 28 30 32 33 Chapter III: Featured Topic: Real Time Evaluation Context: The Advent of COVID-19 The Strategic Preparedness and Response Program The Evaluation 38 40 41 42 Chapter IV: Lessons Learned 48 4 Chapter V: Evaluation Recommendations Recommendations from Project Evaluations Recommendations from Corporate Evaluations Follow up on the Previous Year’s Recommendations 58 61 66 67 Chapter VI: Future Outlook Expectations and Challenges Evaluation Outlook: Focused Stakeholder Engagement, Data analytics and Digitization Risks 68 70 71 ANNEX-I: 72 ANNEX-II: List of project evaluations under 2021 AWP 92 ANNEX-III: Experiences and lessons from Other Multilateral development banks 94 71 LIST OF FIGURES Figure 1: Figure 2: Figure 3: Figure 4: Figure 5: Figure 6: Figure 7: Figure 8: Figure 9: Figure 10: Figure 11: Figure 12: Figure 13: Evaluations by Sector, Mode and Country Overall Performance Trend in Yearly Average Score Relevance Score Trend in Yearly Average Relevance Score Effectiveness Score Trend in Yearly Average Effectiveness Score Eciency Score Trend in Yearly Average Eciency Score Sustainability Score Trend in Yearly Average Sustainability Score Evaluation Criteria for RTE RTE Evaluation Methodology 11 12 12 13 13 14 14 15 15 16 16 19 20 IsDB Annual Evaluation- Report 2021 LIST OF ACRONYMS AND ABBREVIATIONS AER Annual Evaluation Report AfDB African Development Bank APIF Awqaf Properties Investment Fund AsDB Asian Development Bank AWP Annual Work Program BED Board of Executive Directors DAC DCC Development Assistance