Aid Effectiveness is about improving the delivery and management of aid so that partner countries, in collaboration with other development actors, can more easily achieve their development objectives. While development needs far more than aid to be successful and sustainable, aid nonetheless still plays an important catalytic role for development in many countries and communities.
By supporting country-led aid management, adopting a strong focus on development results and transparency and inclusiveness, and forging partnerships across the development spectrum, the World Bank is leading efforts to achieve improved aid effectiveness to support better development outcomes.
Read the issues brief, Fall 2013
World Bank Performance on Aid Effectiveness
As the representative of the Multilateral Development Banks (MDBs) on the Steering Committee of the Global Partnership on Effective Development Cooperation the World Bank continues to provide strategic leadership to promote more effective development cooperation at the country and global level to support better development outcomes. The World Bank is also a member of the Steering Committee of the International Aid Transparency Initiative (IATI), a voluntary, multi-stakeholder initiative that seeks to improve the transparency of aid in order to increase its effectiveness in tackling poverty.
Evaluations including the 2012 Multilateral Organization Performance Assessment Network (MOPAN), and the 2013 United Kingdom Multilateral Aid Review recognize the World Bank’s overall effectiveness and contribution to development results. Publish What You Fund’s (PWYF) 2013 Aid Transparency Index has ranked the World Bank as fifth overall among the 67 donors included in this assessment.