Multilateral banking analyzes lessons learned in development interventions
In a virtual event organized by CABEI, the best practices and challenges for improving the evaluation processes of project and program financing results in the region were identified.
Tegucigalpa, June 1, 2021.- This Tuesday the Central American Bank for Economic Integration (CABEI) organized the discussion: "Lessons Learned in Interventions for the Development of Multilateral Banking" in which their counterparts from the Inter-American Development Bank (IDB) and the World Bank participated.
The event reflected on the importance of managing the learning generated from the interventions supported by the Multilateral Development Bank (MDB) for the progress of the region; as well as the positive and less favorable experiences, as well as areas for improvement.
"Through the approval of the" Lessons Learned Management Manual ", CABEI has begun the process of systematization and formalization of the guidelines for the identification, validation and administration of the lessons learned, as well as the management of the knowledge acquired in the execution operations throughout the project cycle, ”said CABEI Executive Vice President Jaime Díaz, who opened the virtual event.
The coordinator of the Evaluation Office, Shirley Orellana; the economist of the IDB's Office of Evaluation and Supervision, Odette Maciel Becerril; the World Bank's Independent Evaluation Group Lead Evaluation Specialist Rasmus Heltberg and Credit Manager Randall Chang as moderator.
CABEI reiterated its commitment to continue advancing in the construction of a development bank willing to be at the forefront of new challenges in a changing environment and in demand from the region to face future challenges and to guarantee a service at the level of its partners .
The management and administration of the “lessons learned” in the BMD consists of compiling the knowledge acquired about a process or about one or more experiences through reflection and critical analysis of the factors that may have positively or negatively affected a project.