Corporate-Level Evaluations
The Independent Evaluation Office (IEO) of NDB is undertaking a corporate-level evaluation (CLE) on NDB’s Policy Framework. The objectives of this evaluation are to: (i) assess NDB’s policy coherence by reviewing the types of policies that have been adopted to further the Bank’s mandate; (ii) analyse the: policy approval and implementation processes; the guidelines established to operationalise the policies; the frameworks for measuring policy outcomes and results; and systems for monitoring and evaluation, and potential revisions; (iii) examine the allocation of financial resources invested and the availability of technical expertise required for effective policy design and implementation; and (iv) evaluate the organisational structures in place to support and facilitate the NDB’s policy initiatives. The evaluation will be completed by September 2024.
The Approach Paper specifying the evaluation objectives, methodology, process, timelines, and key questions is available at the below link.
For any further information, please contact Chao Sun, Senior Professional at sun.chao@ndb.int.
DOWNLOAD: Evaluation of NDB’s Policy Framework Approach Paper
The Independent Evaluation Office of NDB (IEO) is undertaking a corporate-level evaluation on NDB’s Financial Architecture. The objectives of this evaluation are to assess: (i) the effectiveness of the financial architecture in fund raising and borrowing; (ii) the productivity of of NDB’s resources particularly from its strategic, functional and corporate objectives; (iii) the treasury functions, in determining whether the investments have been appropriately supervised and transparent, and whether the NDB has a coherent investment model and strategy; (iv) the changes in fund-raising conditions and their impact on NDB’s loan portfolio; (v) the overall internal governance structure for oversight and guidance including the role of the NDB Governing Bodies in these processes; and (vi) alternatives and other options related to the financial architecture that would strengthen NDB’s capacity to fund infrastructure and sustainable development projects. The evaluation will be completed by end 2023. The Approach Paper specifying the evaluation objectives, methodology, process, timelines, and key questions is available at the below link.
For any further information, contact the Director General of IEO at muthoo.ashwani@ndb.int.
DOWNLOAD: Evaluation of NDB Financial Architecture Approach Paper
An efficient and well-functioning project cycle is a critical determinant of NDB’s development impact and lies at the core of NDB operations. The “project cycle” means all the stages in the life of a project – from conception of the idea, to Board approval, through to implementation and closure.
The Corporate-Level Evaluations (CLE) will seek to assess, amongst other things, whether the current project cycle enables enhanced development results and impact from NDB operations; and the evaluation team will then formulate recommendations to improve the cycle.
The final report is expected to be presented to the Board in Q1 2025.
The Approach Paper specifying the evaluation objectives, methodology, process, timelines, and key questions is available at the below link.
For any further information, contact Henrique Pissaia, Principal Professional Specialist at pissaia.henrique@ndb.int.
DOWNLOAD: NDB Project Cycle (Sovereign Guaranteed Operations) Approach Paper
Project Performance Evaluations
The Independent Evaluation Office is undertaking a Project Evaluation of the NDB-financed project: “The Pará Sustainable Municipalities Project.” This project was also selected for evaluation, considering that it was the first Sovereign Guaranteed operation financed by the Bank in Brazil and co-financed by the Latin American Development Bank (CAF). It is a multiple-sector project covering mobility, sanitation and communication programs in various cities alongside the Trans-Amazonian highway in Pará State. The total project cost is USD 125 million, from which the NDB loan supports USD 50 million, the CAF loan supports USD 50 million, and the State Government of Para supports USD 25 million. The project is still under execution, and the evaluation will be the first real-time and joint evaluation (together with CAF) conducted by IEO. The independent evaluation is planned to be completed by September 2024.
The Approach Paper specifying the evaluation objectives, methodology, process, timelines, and key questions is available at the below link.
DOWNLOAD: Approach Paper
For any further information, contact Henrique Pissaia, Principal Professional Specialist at pissaia.henrique@ndb.int
Country Portfolio Evaluation
The Independent Evaluation Office is conducting its first-ever Country Portfolio Evaluation (CPE) in 2024. The country selected for the CPE is India, in light of its substantial project portfolio financed by the New Development Bank (NDB). By the end of 2023, NDB had approved a total of 26 projects in India. These projects cover a variety of sectors, with 14 targeting improvements in road infrastructure, connectivity and urban mobility, while seven aim to bolster water and sanitation systems. Additionally, NDB has approved five projects covering clean energy, energy efficiency, COVID-19 emergency assistance, and multi-dimensional initiatives.
The primary aim of the CPE is to assess the overarching partnership between NDB and India in fostering economic and social development. The assessment period covers activities from 2015 to the end of 2023. All projects approved within this time frame will be assessed as part of the CPE.
The Approach Paper specifying the evaluation objectives, methodology, process, timelines, and key questions is available at the below link.
For further information, please contact Manas Puri, Senior Professional, at puri.manas@ndb.int.
DOWNLOAD: Approach Paper
NDB Development Effectiveness Report 2024 based on Independent Evaluations
For more information about the report, please contact Manas Puri at puri.manas@ndb.int