EIB Group Evaluation Activity Report 2021 and Work Programme 2022-2024

In 2021, the EIB Group’s Evaluation function presented a record number of reports to the EIB and EIF Boards of Directors compared to previous years, most of which fed directly into strategic decisions, such as evaluations of:

• Climate change adaptation, directly informing the preparation of the EIB Adaptation Plan;
• Special Activities, helping the Bank deliberate on its future business mix; and
• Climate awareness bonds, informing debates on reflecting climate considerations in pricing, which is particularly relevant for the EIB’s climate ambitions.

The approval of the EIB Group Evaluation Policy further signified our joint commitment to accountability, learning and transparency.

With regard to the planned work programme, the three main focus themes in 2022 will be:

• the EIB Group’s support for SMEs;
• the EIB’s advisory support in Cohesion regions; and
• the EIB’s support for water and sanitation outside the European Union.

The evaluation work programme is continuously evolving to reflect the EIB Group’s priorities.