| Action | The World Bank will continue to reform its framework for Investment Lending. |
| Description | The Bank is working to achieve greater development effectiveness through a stronger focus on results through transforming Investment Lending (IL). The Bank is working to adopt a risk-based approach for processing IL and will work to produce an integrated risk monitoring report. |
| Year | 2009 |
| Deadline | 2010 |
| Source | World Bank, OPCS. Moving Ahead on Investment Lending Reform: I: Risk Framework and Implementation Support - http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2009/09/09/000333037_20090909235811/Rendered/PDF/502850BR0Box3410only10SecM200910442.pdf |
| Criteria for Assessing Performance | |
| Not Achieved | Integrated Risk Monitoring Report not developed. |
| Working Towards | Integrated Risk Monitoring Report in development. |
| Achieved | Integrated Risk Monitoring Report developed. |
| Objectively verifiable indicator (OVI) | Integrated Risk Monitoring Report developed. |
| Means of verification | |
| Final Rating | ? |
| Contextual Information | |
| Where the action will be taken | Global |
| Results under which we are tracking this action | Transparent and Responsible Health Financing |
| Explanations | |
| Background | In February 2009, a transformation of World Bank Investment Lending was proposed in order to improve the focus on results by adopting a risk-based approach for processing IL; consolidating and rationalizing the menu of options for IL; increasing emphasis on supervision and implementation support; taking actions to provide an enabling environment for supporting and reinforcing the implantation of the reforms; and simplify and revise the policy framework. |
| Links to relevant documents | World Bank, OPCS. Moving Ahead on Investment Lending Reform: I: Risk Framework and Implementation Support |
| Comments | While the IL reform is World Bank-wide, it has an impact on financing of World Bank health projects and is therefore relevant for this review. |
| Interpretation Notes |
For a full list of WB actions please click here.
PLEASE NOTE:
- Only Results Area Leads should amend this table.
- Once it has been finalised, the table should not change within a reporting year.
- Evidence that we will use as the basis to rate this action is included in the comment thread below.
