Development Effectiveness Review 2020

Extract: 

The 2020 Development Effectiveness Review (DER) is a comprehensive report on the first-year operational achievements and progress in relation to the results monitoring framework (RMF) of the 2020-2024 Strategic Plan of the Caribbean Development Bank (CDB). It  covers a period when the entire world was hit by the COVID-19 pandemic, which is expected to trigger massive economic, financial and social fallout across the globe, including the Caribbean Region. 

The DER assesses the development trends, progress, and challenges across CDB’s 19 Borrowing Member Countries (BMCs), particularly in areas connected to the Bank’s strategic objectives, corporate priorities, and cross-cutting areas;  measures the results that BMCs achieved with CDB’s support vis-à-vis targets outlined in the RMF and identifies areas in which the Bank can strengthen performance; and also measures progress on strengthening its lending and non-lending operations and reforming business processes and internal systems, in order to reposition the Bank to deliver better on its mandate and enhance development outcomes and results.