The evolution of the independent evaluation function at IFAD
Over the years, evaluation has become an increasingly critical function in multilateral and bilateral development agencies, including international financial institutions (IFIs) and United Nations organizations. It is through evaluation that assessments and analyses of operations and strategies are conducted, with a view to better understanding what is working well, what is not working well and, most importantly, the factors that have an impact on performance. Historically, the Member States, governing bodies and Management of the International Fund for Agricultural Development (IFAD) – a unique institution that is both a specialized agency of the United Nations and an IFI – have always taken evaluation very seriously.
IFAD’s independent evaluation: Ten years of accountability, learning and transformation
Since its establishment in 1977, IFAD’s evaluation function has evolved signifi cantly. The function was carried out initially by the Monitoring and Evaluation Unit, which focused mostly on mid-term evaluations during project implementation, and over time its name and reporting lines were changed. The major transformation was the establishment of the independent evaluation function in 2003, approved by the Executive Board as part of IFAD’s fi rst Evaluation Policy, which created the Offi ce of Evaluation. Under the revised Evaluation Policy of 2011, the offi ce was re-named as the Independent Offi ce of Evaluation of IFAD (IOE).