This five-year plan for evaluation at the Caribbean Development Bank (CDB) is articulated in three parts. Part One examines the context for evaluation at the Bank, including its Evaluation Policy, strategic planning documents, policies and strategies, and co-investment partners. Part Two surveys the broader Multilateral Development Bank (MDB) context of which CDB is a part and highlights trends in MDB policies and evaluation approaches. Part Three sets out indicative plans for evaluation over the 2020 to 2024 period, bearing in mind the current constraint imposed by the COVID-19 pandemic. General considerations that have informed evaluation choices; expected phasing and resource requirements; and some important enabling activities such as knowledge management and capacity building are also outlined.

It is important to note that this is conceived as a rolling plan, to be refreshed at least bi-annually, and in particular to take account of any significant changes in CDB’s strategic environment (for example a new Special Development Fund [SDF] Contributors’ Agreement).