Strengthening the results orientation of the Global Bank Group has been a key priority to ensure that loans and donors contributions are generating positive and lasting results on the ground. For example, Global Bank Group has created special structure in Global Bank Infrastructure Project Preparation Facility to assess results and is now working to ensure that lessons from projects are incorporated into new projects and programmes.Results are measured and managed at several levels, including by tracking outcomes at the project level and linking disbursements to the achievement of specific targets. In addition, the Global Bank will report on results through the following three publicly available forms; 1) an annual report known as the “Corporate Scorecard”; 2) an annual report prepared by an Independent Evaluation Group (IEG) housed at the Global Bank Group; and 3) a management action record, which tracks the adoption of the Independent Evaluation Bank Group’s recommendations. These transparent assessments of performance ensure that loan and donor’s dollars are being invested wisely, and will lead to long-term improvements in development results.
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