Operations Evaluation carries out independent ex post evaluations of EIB and EIF activities with two aims:
- Accountability: to assess whether our activities have been in line with our policy mandates and the strategies that have derived from them, and if these activities have delivered as expected.
- Lessons learned: identifying possible areas of improvement that can be applied to Group activities to increase performance in the future.
EV work is carried out mainly at a thematic level. This can be by sector, mandate or financial product. Geographical scope is usually by region or sub-region, meaning that reports will deal with the EU or the Mediterranean (FEMIP) as a whole, rather than individual nations. Temporal scope is typically 10 years, but this could be revised.
The evaluation criteria for the EIB follow internationally accepted standards. In accordance with the criteria defined by the OECD Evaluation Network and adopted by the Evaluation Cooperation Group (ECG), we look at Relevance, Effectiveness, Efficiency and Sustainability. More specifically to EIB and EIF operations, EV examines the management of the project cycle.
Find out more about how we carry out evaluations.
In the spotlight
- Operations Evaluation Activity Report 2019 and Work Programme 2020-2022
- Briefing - Evaluation of the EIB’s mandate activity
- Evaluation of the EIB’s mandate activity
- Operations Evaluation Activity report 2016-2018 and Work programme 2019-2021
- Ex-post evaluation of the EIB’s Energy Lending Criteria, 2013-2017
- Evaluation of Structural Programme Loans and their contribution to EU Cohesion Policy, 2007-2016
- Evaluation of the European Fund for Strategic Investments
- Evaluation of EIB Intermediated Lending through the Investment Facility in ACP
- Evaluation of the EIF’s SME Securitisation Activities, 2004-2015
- Operations Evaluation Activity report 2014-2015 and Work programme 2016-2018
- Evaluation at the EIB
- Stocktaking Exercise on Evaluations of the EIF’s Microfinance Activities