Operations Evaluation Department 2019 ANNUAL EVALUATION REPORT List of Acronyms and Abbreviations Acknowledgments Foreword by ODEC Chair Message of the Director, OED Executive Summary Chapter-1: The Evaluation Year at a Glance Project Evaluations Macro Evaluations Enabling, Learning and Outreach (ELO) Activities Chapter-2: Performance Analysis and Development Results Performance Analysis Development Results Guiding Principle: Group Synergy iv v vi vii 1 8 9 10 11 14 15 17 22 Chapter-3: Featured Evaluation of the Year – Corporate Evaluation of IsDB Group Synergy The Evaluation Approach The Main Findings Recommendations to Enhance Group Synergy 24 Chapter-4: Learning and Emerging Practices 30 Chapter-5: Recommendations Synthesis of Recommendations Enhancing Programming Approaches Promoting Islamic Finance Developing Capacities of Executing Agencies Enhancing Rigor in Project Preparation Improving Project Design Streamlining Existing Operational Tools and Procedures Strengthening Project Supervision and Monitoring Fostering of an Evaluation Culture Follow up on Previous Year Recommendations 36 Chapter-6: The Way Forward Annexes Annex-1: Snapshot of Project Evaluations Conducted in 2019 Annex-1: OED 3 -Year Rolling Program List of Figures Figure 1: Dissemination of Relevance Assesment Figure 2: Distribution of Effectiveness Assessment Figure 3: Distribution of Efficiency Assessment Figure 4: Distribution of Sustainability Assessment Figure 5: Overall Performance Ratings of Evaluated Projects in 2019 Figure 6: IsDB Group 10 Year Strategy Figure 7: Key Deliverables of the Evaluation 25 26 28 37 37 38 38 39 39 40 41 41 42 44 48 49-63 64 15 15 16 16 17 25 26 ANNUAL EVALUATION REPORT 2019 LIST OF ACRONYMS AND ABBREVIATIONS iv AER AfDB APIF AsDB AWP BED BRAVE Annual Evaluation Report African Development Bank Awqaf Properties Investment Fund Asian Development Bank Annual Work Program Board of Executive Directors Building Resilience for Value Adding Enterprises CAREC Central Asia Regional Economic Cooperation CFA DAC DIME West African CFA Franc Development Assistance Committee Development Impact Evaluation Unit of the World Bank EA EBRD Executing Agency European Bank for Reconstruction and Development ECG EDN ELO ERIL Evaluation Cooperation Group Executive Dissemination Notes Enabling, Learning and Outreach Economic Research and Institutional Learning G GDP GPS GWh H IaDB ICD Gregorian Year Gross Domestic Product Good Practice Standards Gigawatt hour Hijra Year Inter-American Development Bank Islamic Corporation for the Development of the Private Sector ICIEC Islamic Corporation for the Insurance of Investment and Export Credit IED IsDB IsDBG IRTI ISFD ITFC Independent Evaluation Department Islamic Development Bank Islamic Development Bank Group Islamic Research and Training Institute Islamic Solidarity Fund for Development International Islamic Trade Finance Corporation JICA Km kV LOF Japan International Cooperation Agency kilo meter kilo Volt Line of Financing MC MCPS MCPSIR Member Country Member Country Partnership Strategy Member Country Partnership Strategy Implementation Review MDB MPWT MW NEPCO NGO NMC OCR OED OECD-DAC Multilateral Development Bank Ministry of Public Works and Transport Megawatt National Electric Power Company Non-Governmental Organization Non-Member Country Ordinary Capital Resources of IsDB Operations Evaluation Department Organization of Economic Cooperation & Development – Development Assistance Committee ONEE Moroccan Electricity and Water Utility Company P5P PCR PMU PPER PPP PSD RBLFs SDG SLAs President’s Five-Year Program Project Completion Report Project Management Unit Project Performance Evaluation Report Public-Private Partnership Private Sector Development Results-based logical frameworks Sustainable Development Goals Shared Services and Service Level Agreements SME SOMELEC Small and Medium Enterprise Societe Mauritanienne D›electricite (Mauritanian Electric Company) SPE STEER Special Assistance Operation Systematic Tracking of Execution of Evaluation Recommendations USD VOLIP US Dollars Vocational Literacy Program for Poverty Reduction Project WB WBG XAF The World Bank The World Bank Group Central African CFA Franc ACKNOWLEDGMENTS This Annual Evaluation Report 2019 of the Operations Evaluation Department (OED) was prepared by a team led by Amin Yusuf Abdullahi and comprised of Ababacar Gaye, Abdourahamane Dit Baffa Keita, Adamou Sanda Mayaki, Javeed Ahsan, Mohammed Jalaludeen Issahaq, Mustapha Jammeh, Raikhan Sabirova, and Zaher Rebai. The report was internally peer-reviewed by Ababacar Gaye, Mohammed Jalaludeen Issahaq, Raikhan Sabirova, and Zaher Rebai.