Evaluation of development programmes

Inter-American Development Bank - DAC Evaluation Network Member


Office of Evaluation and Oversight (OVE)

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Organisation Background


The Office of Evaluation and Oversight (OVE) is an independent body of the Inter-American Development Bank (IDB), responsible for externally evaluating IDB’s projects and performance.


Since a reorganisation in 1999, the Board of Executive Directors mandated the OVE to conduct evaluations; produce oversight reviews of corporate strategy, processes and instruments; provide normative guidance on evaluation issues; and contribute to evaluation capacity building in the region. In recent years, the OVE has increased its efforts to improve evaluation training among regional governments.


The OVE follows the guidelines and approaches of the Evaluation Cooperation Group (ECG) of the Multilateral Development Banks. In recent years, IDB has sought to improve the Bank’s project evaluation architecture through the design and adoption of a Development Effectiveness Matrix and a growing incorporation of impact evaluations in projects. For the IDB, evaluations are aimed at improving IDB’s development effectiveness as well as promoting institutional learning. This dual function is the foundation for four core principles that guide the OVE’s work:

  • Evaluation must be constantly scrutinised for improvement.
  • It should provide useful feedback to IDB’s work.
  • It is only relevant if IDB learns from and applies the evaluation lessons.
  • It should measure outcomes, not just outputs.

                          IDB's Evaluation Profile

IDB'S Evaluation Reports (DAC Evaluation Resource Centre)