Knowledge Note

"The Bank Group is more likely to be effective when the external context is favorable, the Bank Group’s internal capacities are strong, when initiatives have clear objectives and are put into effect in-country programs, and when engagement is sustained over time."

The capacity to bring together different stakeholders for coordinated action to meet a common goal plays an important role in development. This ‘convening power’ is one of the tools the World Bank Group uses to address a range of both global and regional challenges. The Bank Group has worked with partners to develop coordinated responses to pandemics, climate change, and the refugee crisis.

This first-of-its-kind evaluation assesses the scope of the World Bank Group’s convening on major global development challenges, and how effectively it is deployed. The Bank Group’s comparative advantages give it strong convening power that it uses on many development issues. In so doing, it meets the demands of shareholders and stays highly relevant as a global actor often making strong and relevant convening contributions. The Bank Group is more likely to be effective when the external context is favorable, the Bank Group’s internal capacities are strong, when initiatives have clear objectives and are put into effect in-country programs, and when engagement is sustained over time.

This Knowledge Note outlines Key Highlights from the World Bank Publication by the Independent Evaluation Group titled The World's Bank: An Evaluation of the World Bank Group’s Global Convening. Read the full report HERE.