(See International Bank for Reconstruction and Development.)


(See International Centre for Settlement of Investment Disputes.)


(See International Development Association.)


(See Independent Evaluation Group.)


(See International Finance Corporation.)


(See International Monetary Fund.)

Impact Evaluation

An impact evaluation assesses changes in the well-being of individuals, households, communities, or firms that can be attributed to a particular project, program, or policy. The central impact evaluation question is what would have happened to those recipients if they had not received the intervention.

Impact evaluation is aimed at providing feedback to help improve the design of programs and policies. In addition to providing for improved accountability, impact evaluations are a tool for dynamic learning, allowing policy makers to improve ongoing programs and ultimately better allocate funds across programs.


Independent Evaluation Group

The Independent Evaluation Group (IEG) is an independent unit within the World Bank Group that assesses the relevance and impact of the Bank Group's work to reduce poverty and improve people's lives in a sustainable manner. It reports directly to the Executive Directors. IEG's goals are to contribute to the objective basis for assessing results, to provide accountability in the achievement of development objectives, and to share learning gained from experience. IEG makes its findings available to the broader development community and the public at large.


Indigenous Peoples

The World Bank aims to promote indigenous peoples' development in a manner that ensures that the development process fosters full respect for the dignity, human rights, and uniqueness of indigenous peoples.

The World Bank seeks to position excluded groups, such as indigenous peoples, at the center of the development agenda. Doing so includes the following:

• Strengthening the policy and institutional frameworks affecting indigenous peoples and their relations with other members of society

• Supporting indigenous peoples' capacity for self-development based on their own views and priorities, including cultural heritage and knowledge

• Demonstrating the important role that indigenous peoples can play in the management of fragile ecosystems and biodiversity conservation and in climate change adaptation

• Disseminating experience and lessons learned from such indigenous development initiatives to national governments and the international donor community

In recent years, the World Bank has engaged directly with indigenous leaders and their representative Indigenous Peoples Organizations (IPOs). The Bank participates each year in a number of high-level international Indigenous Peoples' forums, including the UN Permanent Forum on Indigenous Issues (UNPFII) in New York.

Indigenous peoples are disproportionally vulnerable to the impacts of climate change, given that they often live in environmentally sensitive areas (such as the Arctic region, tropical forests, mountains, and deserts) and frequently depend primarily on surrounding biodiversity for subsistence as well as cultural survival. As a result, indigenous peoples hold traditional knowledge that may be critical to climate change adaptation. The Bank aims to build on indigenous peoples' knowledge when assisting countries in developing strategies to adapt to changing environmental patterns and conditions.


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