Page "International Finance Corporation" Paragraph 8

The IFC is evaluated annually by the Bank's Independent Evaluation Group.

In 2011, the group published an evaluation report titled " Assessing the IFC's Poverty Focus and Results " in which it noted that although the IFC's projects that emphasized inclusive growth patterns performed well and that poverty reduction was an implicit outcome, the IFC neglected to articulate and detail the impacts on poverty of the projects which target economic growth specifically.

This circumstance made it difficult for the evaluation group to identify specific opportunities for the poor.

The group ultimately recommended that the IFC adopt a more strategic approach to poverty reduction by better defining poverty reduction impacts and poverty itself, and that the IFC establish a framework for greater outside consultation on its understanding, measurement, and reporting on poverty reduction efforts.