As the old saying goes, if you can’t measure it, you can’t improve it. But of course, what you measure is important too. In this episode of The Development Podcast, we explore how the World Bank Group aims to strengthen its impact with a slimmed-down and focused scorecard.

We’ll hear how the scorecard will better measure and track results, as well as identify areas for improvement. We’ll get to the heart of what it means to measure results, why it matters and how it has gained traction across the development community. We also get snapshots from two projects: one in Mozambique and one in Jordan. Listen now!

• Ed Mountfield, Vice President, Operations Policy and Country Services, World Bank
• Lu Shen, Director, Results Management and Aid Effectiveness Division Strategy, Policy, and Partnerships Department, Asian Development Bank
• Voices from development projects in Mozambique and Jordan

[00:00] Welcome and introduction of the topic

[01:57] Impact on development projects: Voices from Mozambique and Jordan

[06:51] Introducing the World Bank Group scorecard

[09:53] Scorecard: Measurement, results, and transparency

[14:46] What is impact and why is it important? Targets and SDGs

[17:36] Alignment in measuring impact across all the MDBs: The case of the Asian Development Bank

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The World Bank is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.