Independent Evaluation Group
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The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group (WBG) charged with objectively evaluating the activities of the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA; collectively, the World Bank), the work of International Finance Corporation (IFC) in private sector development, and the Multilateral Investment Guarantee Agency's (MIGA) guarantee projects and services to provide accountability, help de WGB avoid unnecessarily mistakes and successfully reach their goals.
Quick Facts Abbreviation, Formation ...
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Abbreviation | IEG |
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Formation | 1970; 54 years ago (1970) |
Founder | President of the world bank, Robert McNamara |
Type | Independent Unit |
Purpose | Objectively evaluating the activities of global development agencies |
Location | |
Region served | Worldwide |
Director-General | Dr. Alison Evans |
Parent organization | World Bank |
Website | ieg |
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The head of IEG, the Director-General, Evaluation, reports directly to the Bank Group's Board of Executive Directors and not to Bank Group management.[1]