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Evaluation of EIB advisory activities in the European Union

Evaluation of EIB support for the water sector outside the European Union from 2010 to 2021

Rapid assessment of the EIB Group’s operational response to the COVID-19 crisis

Evaluation of EIB Group equity and quasi-equity support for small businesses and mid-caps

Climate change adaptation (2015-2020)

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Recent evaluation publications

 

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Evaluation conference 2023

Picking up the pace: Evaluation in a rapidly changing world

Attended by around 200 on-site and online members of the European and international evaluation community, the event focused on the evolving role of evaluation in preparing for an uncertain future. Discussions emphasized strategic foresight and how evaluation functions can adapt to a rapidly changing environment.

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Mind the gap

What is a systematic review? Our evaluator explains how this important decision-making tool works and what it can tell you.

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Adapting to climate change

The EU bank boosts investments that help counter the impact of global warming, building on the recommendations of the independent evaluation of its support for climate adaptation.

 

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Investment firepower

The European Fund for Strategic Investments (EFSI) has been a game changer, according to a recent report by the Evaluation division of the EIB Group. The guarantee provided by the fund helped the EIB Group mobilise more than €540 billion from 2015 to 2020, plugging investment gaps created by the 2008 financial crisis and, more recently, the COVID-19 crisis.

 

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About us

• What we do
• Principles

Evaluation at the EIB Group

The Evaluation function conducts independent evaluations of the EIB Group’s activities:

• We assess the relevance and performance of EIB and EIF interventions, and identify what works and what doesn’t.
• Our evaluations draw lessons and issue recommendations to support the EIB Group’s continuous improvement.
• We promote accountability towards the EIB Group’s stakeholders and provide independent and credible evidence to inform decision making.
• As the evaluation function of the EIB Group, we also aim to promote evaluation as a public good in Europe and beyond.

We operate independently from the EIB Group’s operations. Our reports are submitted, without change and without delay, to the EIB and/or EIF Board(s) of Directors, after being discussed by the EIB Management Committee and/or the EIF Chief Executive.

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Utility

We aim to ensure our evaluations are relevant, timely, and accessible to support organisational learning, decision-making and accountability.

 

Credibility

Our evaluations are conducted according to internationally recognized good practices and quality standards, as reflected in the EIB Group Evaluation Policy.

 

Independence

Our institutional set up ensures our organisational and behavioural independence, freedom from outside interference, and avoidance of conflict of interest.

 

Cooperation

We interact continuously with stakeholders within and outside the Bank to ensure the information we collect is comprehensive and valid, that our findings are understood, and that our conclusions and recommendations are relevant, useful and timely.

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Evaluation Activity Report 2023 and Work Programme 2024-2026

The Evaluation function (IG/EV) of the European Investment Bank Group (EIBG) promotes accountability through evidence-based assessments of the Group’s performance and results. It also contributes to learning, feedback and knowledge sharing to inform EIB Group decisions on policies, strategies, products, projects and organisational matters, and to improve performance.

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The EIB Group Evaluation Policy

Evaluation is indispensable for an institution carrying out a public mandate, such as the EIB Group. It ensures the institution remains accountable and learns from experience, to continuously improve its work.

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Have a question?

Contact the independent evaluation team at evaluation@eib.org