EV programme is based on the “Operations Evaluation Strategy for the next five years”, endorsed by the EIB Board in July 2005. This strategy was updated in September 2007 to take stock of new challenges for EV.
- In 2005 it was decided that EV would provide its services to the EIB Group. In 2007 EV enlarged it activities to incorporate evaluation provided to external bodies, such as the Assembly of Donors of the Femip Trust Fund.
- EV will maintain (and in 2007 increase) cooperation with other MDBs and FIs, both in the context of the Evaluation Cooperation Group (ECG) and through direct contacts. In 2007, EV added the objective of undertaking joint evaluations with other FIs.
- Evaluations, based on the EIB priorities, should ensure a regular coverage of the operations financed by the Bank. The target is: 15% of the EIB operations should be evaluated in-depth. All sectors of activity of the EIB Group should be assessed in a five years period.
ProgrammeOperations within the European Union: EV programme is based on the six priorities of the EIB, as defined by the EIB Board of Governors:
- Cohesion and convergence
- Support for SMEs
- Environmental sustainability
- I2I: implementation of the innovation 2010 initiative
- TEN: development of Trans-European networks of transport and energy
- Sustainable, competitive and secure energy
All priorities should be assessed between one and 5 times between 2005 and 2010. This includes both the activities of the Bank and of the Fund.
- EV strategy outside of the European Union follows the pattern of the mandates received by the EIB Group.
Evaluations are implemented through specific regions or based on a specific sector of activity.
Based on the Council Decision (19 December 2006), EIB external mandates were defined for the period 2007-2013. The Council Decision requests a mid-term review to be conducted by 2010. This review “will include an evaluation of the EIB’s external funding activities. Parts of the evaluation (being conducted) in cooperation with the EIB’s and the Commission’s evaluation departments”.
This request will be reflected in EV’s programme for 2007-2010.
- Special reports: EV will edit special reports on evaluations requested by other bodies, like
- the Assembly of Donors of the Femip Trust Fund
- the partners in the EFP (European financing partners – ACP countries)
- the Steering Committees of special mandates given to the Bank, e.g. RSFF, Jaspers, …