SearchEn menuClientConnect
Top 5 search resultsSee all results Advanced search
Top searches
Most visited pages

    The EIB Results Measurement (ReM) Framework

    Our regions of activity
    Within the European Union
    The EIB in the Enlargement countries
    European Free Trade Association
    EIB in the Mediterranean partner countries*
    Maximizing synergies
    Financing & advisory services
    Private equity
    Advisory services
    FEMIP Support Package
    How to apply
    Trust fund
    Technical advisory
    Risk capital operations
    CAMENA climate action envelope
    MED 5P
    Organisation and staff
    The EIB in the Eastern neighbourhood countries
    Cooperation with other institutions and organisations
    Financing facilities
    DCFTA Initiative
    Trust fund
    Examples of EPTATF Operations
    Institutional framework
    Central Asia
    Institutional framework
    Cooperation with other institutions and organisations
    Financing facilities
    Technical assistance and grants
    The EIB in sub-Saharan Africa, the Caribbean and the Pacific
    Madagascar and the EIB
    Kenya and the EIB
    Our focus in the ACP region
    Looking for a loan?
    Investment Facility
    Boost Africa
    Our partners
    Senegal and the EIB
    Malawi and the EIB
    Tanzania and the EIB
    Mali and the EIB
    Asia and Latin America
    United Kingdom and the EIB
    Agriculture sector
    Digital Economy sector
    Education and training sector
    Energy sector
    Modernisation Fund
    Forestry sector
    Health and life science sector
    Regional development & cohesion
    Transport sector
    Trans-European Networks
    Transport sector
    Trans-European Networks
    Urban Development sector
    Global Climate City Challenge
    Water and wastewater management sector
    Projects to be financed
    Recently approved projects
    Projects to be financed - Breakdown by region
    Projects to be financed - Breakdown by sector
    Explanatory notes
    Financed projects
    Projects to be financed - Breakdown by sector
    Financed projects - Breakdown by region
    EFSI project list
    Project cycle
    Applying for a loan
    Operations evaluation
    Operations Evaluation – Process and methodology

    The EIB Results Measurement (ReM) Framework

      •  Display in:
      • de
      • en
      • fr
    • Available in: de en fr

    The EIB is active in over 130 countries outside the EU, lending to projects to support EU external cooperation and development policies. In order to further strengthen its assessment, measurement and reporting on the results and impacts of its operations, the EIB has introduced the Results Measurement framework (ReM).

    The ReM framework has been in operation since 2012. It improves the ex-ante assessment of expected project results and enhances the Bank's ability to report on actual results achieved. The ReM framework serves to show how EIB operations such as loans, equity participations and technical assistance generate outputs, enabling outcomes and leading, over time, to impacts which are in line with the Bank's mandate objectives. For example, the framework might track how a loan to a public water utility (input) increases the supply of safe drinking water (output), enabling more households to access safe water (outcome), leading to better public health in the community (impact). The intention is to better assess and be able to report on the Bank's contribution to mandate objectives by focusing on concrete results.

    The ReM framework:

    The ReM framework throughout the project cycle:

    Step 1: Project identification and appraisal
    • At the outset, clear, sector-specific, standardised and objectively measurable indicators are identified.
    • Baselines and targets are set to capture expected outputs and outcomes of the project.
    • Projects are rated according to three "pillars" – policy contribution; quality and soundness; and EIB contribution.

    Step 2: Project implementation

    Step 3: Performance against benchmarks set is monitored throughout a project's life, rated and reported at two major milestones.

    • 1st ReM review: Project completion or end of allocation/investment period (for intermediated operations).
    • 2nd ReM review: Project completion +3 years, or end of fund life (for microfinance and equity).

    ReM for development effectiveness

    The framework is designed to be flexible enough to reflect differences in regional economic and social environments, to align in the future with changing demands and to remain useful internally, as a learning tool.

    As far as possible, ReM indicators have been harmonised with those of other IFIs to simplify client reporting requirements for co-financed operations. In 2013, the EIB signed a memorandum of understanding with 25 other IFIs to harmonise 27 sector indicators, and the harmonisation of an additional 16 indicators is being finalised. We have also harmonised indicators with the European Commission within the framework of the EU “blending platform” for development projects that require a mix of grant and loan funding. Work is also ongoing to harmonise EIB monitoring frameworks for inside and outside the EU.