
FY27Work Program and Budgetand FY28-29Indicative PlanPublic Disclosure Authorized Contents Executive Summary.....................................................................................................................31. Introduction: IEG in a Global Development Context and Mandate..........................................51.1. Global Development Context...........................................................................................51.2. IEG’s Mandate..................................................................................................................52. IEG Products............................................................................................................................72.1. Project-Level Validation Products....................................................................................72.2. Other Products–MAR Validation, RAP, Syntheses, Learning Engagements....................82.3. Evaluations.......................................................................................................................93. IEG FY27-29 Work Program Proposal....................................................................................123.1. Work Program Selection Framework and Process.........................................................123.2. Proposed FY27-29 Evaluation Pipeline..........................................................................154. Methods, Learning, Outreach, and Evaluation Capacity Development.................................184.1. Methods, Quality Assurance, and Innovation.................................................................184.2. Improving and Reforming Self-Evaluation Systems Within the WBG.............................204.3. Enhancing Engagement and Learning.............................................................................234.4. Evaluation Capacity Development.................................................................................245. Human Resources and Budget..............................................................................................265.1. Human Resources..........................................................................................................265.2. IEG Budget Management................................................................................................285.3. Budget Request for FY27................................................................................................29Annex 1: IEG Product Descriptions...........................................................................................33Annex 2: IEG Thematic, Corporate, Country Evaluations, and RAP and MAR FY22-25.............38Annex 3: Synopses of Recent and Upcoming Evaluations........................................................40Annex 4: Example IEG Engagements with WBG and Global Development Community...........50Annex 5: IEG Monitoring, Evaluation, and Learning Plan...........................................................52 Abbreviations AIArtificial IntelligenceAIMMAnticipated Impact Monitoring and MeasurementCLEARCenters for Learning on Evaluation and ResultsCLRVCompletion and Learning Review ValidationCODECommittee on Development EffectivenessCPECountry Program EvaluationCPFCountry Partnership FrameworkDPODevelopment Policy OperationECDEvaluation Capacity DevelopmentECGEvaluation Cooperation GroupEINEvaluation Insight NoteESFEnvironmental and Social FrameworkFCVFragile, Conflict, and ViolenceFoEDFoundations of Evaluation DesignGCPGlobal Challenge ProgramsGEIGlobal Evaluation InitiativeGIAGroup Internal AuditIBRDInternational Bank for Reconstruction and DevelopmentICR(R)Implementation Completion Report (Review)IDAInternational Development AssociationIEGIndependent Evaluation GroupIFCInternational Finance CorporationIPDETInternational Program for Development Evaluation TrainingIPFInvestment Project FinancingLELearning EngagementLPLearning ProductM&EMonitoring and EvaluationMARManagement Action RecordMIGAMultilateral Investment Guarantee AgencyPCRProject Completion ReportPERProject Evaluation ReportPPARProject Performance Assessment ReportRAPResults and PerformanceSEPSelf-Evaluation ProductSHSector HighlightsTOCTheory of ChangeWBGWorld Bank GroupXPSRExpanded Project Supervision Report Executive Summary The currentlandscapeof Development Aid ischaracterized by significant uncertainty.TheWorld Bank’s projectedglobalgrowth ratefor2025is2.3%,the lowest since 2008,and the2020sisanticipated to be the slowest growth decade since the 1960s1. Persistenteconomic challenges, including incomplete trade recoveryfollowing theCOVID-19pandemic,and ongoing disruptions from conflict, disasters, and shifting policies,exacerbate supply chain pressuresandincrease investment risks. Traditionally, the globaldevelopment community providescritical countercyclical financing, but current aid flowshave declined sharply as key donors shift focus to domestic fiscal stabilization, defense,and soci