18th Evaluation Report 2023-2024

The chapter “Evaluate” presents the work of KfW’s Development Impact Lab. The Lab manages the impact evaluations of KfW Development Bank - an instrument that focuses on examining the causal impacts of financial cooperation (FC) projects while they are being implemented. A world map shows all ongoing impact evaluations and features the voices of our impact evaluation champions. Finally, the Impact Lab introduces itself and provides exciting insights into projects in Tanzania, Madagascar and Vietnam.

The chapter “Measure” provides an overview of the more than 100 ex-post evaluations from the years 2023-2024: KfW Development Bank’s long-standing instrument for ensuring public accountability, transparency and learning from completed projects. Special attention is paid to the global FC success rate: this time it is at 85% and, as usual, varies by sectors and regions. You will also find the personal views of colleagues who have been involved in an ex-post evaluation. Finally, you can browse through important Lessons Learned from evaluations of projects in the financial, energy and educational sectors.

Institutional learning is at the core of KfW Development Bank’s evaluation work. The chapter “Learn” presents a joint evaluation of German development cooperation. The results illustrate how well Technical and Financial cooperation advance the projects in partner countries, but also identify potential for improvement. The last article is particularly topical: Estelle Raimondo, head of methods at the World Bank (IEG) and Jochen Kluve, Director Evaluation at KfW Development Bank, discuss how artificial intelligence can be used in the evaluation of development cooperation and the potentials and perils it presents.