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!