What is the overall goal of utilizing evaluation frameworks at ADB?

The primary goal of utilizing evaluation frameworks at the Asian Development Bank (ADB) is to foster sustainable development and continuous improvement. Evaluation frameworks are designed to systematically assess the effectiveness, efficiency, and impact of projects and programs. This evaluation process plays a crucial role in identifying successes and areas for growth, enabling ADB to enhance its strategies and approaches.

By emphasizing sustainable development, the frameworks help ensure that projects do not just deliver immediate benefits but also contribute to long-term environmental, social, and economic sustainability. Continuous improvement refers to the ongoing process of refining methods and practices based on past evaluations, which ultimately leads to more effective project outcomes and better contribution to the development goals of the regions ADB serves.

This approach aligns with ADB's vision of promoting inclusive and sustainable development in the Asia-Pacific region, thus underpinning the importance of evaluation in enhancing the institution’s overall impact.