Kyung Jae Kang, Ph.D.Senior Evaluation Specialist

EDCF, Korea Eximbank

2018.09.14

EDCF’s Evaluation & SDGs

Disclaimer

The opinions or recommendations expressed in this presentation are those of the presenter and do not necessarily reflect the views of EDCF.

I. Introduction Of EDCF Project Cycle

II. Evaluation in EDCF

III. Evaluation and achieving SDGs in EDCF

EDCF?

➢ Economic Development Cooperation Fund

➢Ministry of Strategy and Finance(MOSF)

▪ direction of EDCF operations and the assumption of

principal policy-making responsibilities

➢Korea Eximbank

▪ administrative operation of the EDCF

Project Cycle in EDCF

KoreanGovernment

Korea Eximbank Borrower The Suppliers/Consultants

Policy Dialogue

Preparation

Policy Investigation & Identification

Project Selection

F/S ImplementationPlan

Loan Request

Services

Project Cycle in EDCF

KoreanGovernment

Korea Eximbank Borrower The Suppliers/Consultants

Appraisal

Loan Agreement

Request for Appraisal

Gov. Decision on EDCF Loan

Appraisal Report

EDCF Appraisal Mission

Notification

A/GA/RF/A

Acceptance

A/GA/RF/A

Loan Agreement

Project Cycle in EDCF

KoreanGovernment

Korea Eximbank Borrower The Suppliers/Consultants

Project Implementation

Evaluation

Completion Evaluation, Ex-post Evaluation

Approval for Bidding

Consent to Employment Agr.

Approval for Bidding

Consent to Procurement Agr.

Disbursement

Consultant Bidding

Employment Agreement

Procurement Bidding

Procurement Agreement

Implementation of Contract

Project implementation in EDCF

Partner country(Borrower)

EDCF

Consultant Supplier

PMU

ODA Loan, TA

Corruption prevention, etc.

EDCF Sectors

0.0

100.0

200.0

300.0

400.0

500.0

600.0

700.0

800.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Governance

Education

Transport

Rural Deve.

Health

Water & Sanitation

Energy

Communication

Others

Typical Outputs of EDCF Projects

Sector Project Outputs

TransportHighwaysRailways

HealthTertiary referral hospitalCancer centerUniversity Hospitals

Water & SanitationWater Treatment FacilityIrrigation Infrastructures

EnergyPower plantsElectric power transmission & distribution system

Overview of Project Monitoring

➢During the Implementation

▪ Partner country government (PMU) → EDCF

➢After the Implementation

▪ O&M → Partner country government (relevant

governmental body)→EDCF

Overview of EDCF Evaluation

➢ Primary purpose of project evaluation

▪ “improve the quality of EDCF assistance by

incorporating lessons learned and

recommendations drawn from similar projects in

the past while ensuring accountability and

transparency by providing evaluation results to

various stakeholders”

➢ Part of Overall Performance Management

Evaluation Criteria (Development Project Loans)

Relevance Efficiency SustainabilityEffectiveness Impact

20% 20% 20%20% 20%

Gender, Environment

Highly Successful

SuccessfulPartially

Successful Unsuccessful

EDCF’s Evaluation

➢ Ex-Ante Evaluation

▪ Preparation & Appraisal phase

➢Midterm review, Project Completion Evaluation

▪ Partner country government

▪ Country Offices / Implementation Offices

➢ Ex-Post Evaluation

▪ EDCF Evaluation Team

Evaluations in Project Cycle

Project Identification, F/S and

Loan Application

Appraisal

Government’s Pledge and Loan Agreement

Employment of Consultant and Procurement

Project Implementation

Project Completion

Follow-up Management

Project Stages

Establishing Project

Performance Indicators(Ex-ante

Evaluation)

Mid-Term Review

Completion Evaluation

Ex-Post Evaluation

Reflecting in Future Assistance Projects

Evaluation Procedures

Planning the Evaluation

Establishing a TORSelecting the

Evaluation Team

Preparing the Evaluation

Preliminary Study and Detailed

Evaluation Plan

Conducting the Field Study

Preparing the Evaluation

Report

Lessons Learned

Recommendations

Project Identification &

Appraisal

Implementation

SGDs & EDCF

➢New goal, New framework

➢More emphasis on Infrastructure

➢New aspects of Infrastructure

▪ Climate change

▪ Gender

➢New Financial Tools

SGDs & EDCF

New Challenges in Evaluation

➢New aspects of Infrastructure

▪ A good infrastructure serves many roles = All roles

(often outcome) should be measured and evaluated

➢New Financial Tools

▪ Public-private sector led development cooperation

= New partner activity evaluation tool required

➢ Finding a right experts

Thank you!