Evaluation of the Resilience Approach of the Caribbean Development Bank Strategic Plan

Institutions

Evaluation Report

Corporate

Complete

CDB

Management Response

Yes

Summary

This evaluation assesses the Caribbean Development Bank's (CDB's) implementation of the Resilience Approach within its Strategic Plan (SP) FOR 2020-2024, including the Strategic Plan Update (SPU) for 2022-2024. The focus is on how effectively this approach aligns with CDB's mission to address critical policy areas within the Caribbean and its potential to inform the upcoming Strategic Plan 2026-2035.

Main Objectives and Scope

The evaluation has three primary objectives:

  1. Strategic Relevance: Evaluate how well the Resilience Approach aligns with CDB's strategic objectives and addresses the needs of Borrowing Member Countries (BMCs.)
  2. Operational Impact: Assess the influence of the Resilience Approach on CDB's operations, including governance, decision-making processes, and project implementation.
  3. Comparative Advantage: Determine the added value of the Resilience Approach compared to previous strategic plans that did not include such a framework.

The evaluation compares the Strategic Plan for 2015-2019 with the Strategic Plan Update for 2022-2024, aiming to measure changes in CDB's effectiveness and responsiveness due to the Resilience Approach. These insights will help shape the Strategic Plan for 2026-2035.