The 2022 Annual Report by the Office of Evaluation and Oversight (OVE), Contributions from Evaluation toward Improving the Bank's Development Effectiveness, highlights findings and lessons from the different evaluations and products conducted throughout the year. It also presents the scope of the work dedicated to evaluation capacity development (ECD), knowledge, and dissemination efforts. We also preview the 2023-2024 work program, approved by the Boards of Executive Directors of the Inter-American Development Bank (IDB) and IDB Invest.

This snapshot presents a synthesis of the evaluation work completed by OVE in 2022. The focus is on lessons learned from the findings and recommendations of OVE's evaluations. In 2022 OVE delivered five Independent Country Program Reviews (Ecuador, Peru, Chile, Guyana, Jamaica); the OVE Country Product Protocol: Proposal for Update; three corporate evaluations (Evaluation of Guarantee Instruments at IDB Group; Evaluation of the Inter-American Development Bank's Governance; Evaluation of the Use of the IDB Grant Facility for Haiti's Reconstruction and Development: 2011-2020); and two annual validation reports (Management's Implementation of OVE Recommendations: IDB Group's Evaluation Recommendations Tracking System 2021; OVE's Review of Project Completion Reports and Expanded Supervision Reports: The 2022 Validation Cycle).

This annual report provides an overview of the evaluation work of the Office of Evaluation and Oversight (OVE) in 2021. It summarizes the evaluations completed during the year, highlights lessons learned, and describes OVE's work to enhance evaluation capacity in the Latin America and the Caribbean (LAC) region. The report also presents progress on OVE's 2022-2023 work program, approved by the Boards of Executive Directors of the Inter-American Development Bank (IDB) and IDB Invest.