Decision No 633/2009/EC of the European Parliament and of the Council (repealed)Show full title

The scope of the evaluation

The evaluation will cover the previous mandates (2000 to 2006) and the first years of the 2007-2013 mandate, up to the end of 2009. It will examine project financing volumes and disbursements by country as well as technical assistance and risk capital operations. Considering the effects at project, sector, regional and country level, the evaluation will base its conclusions on:

(a)

the in-depth evaluation of the relevance, performance (effectiveness, efficiency and sustainability) of EIB operations against their specific regional objectives as originally set within the relevant Community external policies as well as of their added value (to be conducted in association with the EIB’s evaluation unit and Commission services);

(b)

the assessment of consistency with the relevant Community external policies and strategies and of the additionality and added value of EIB operations in the first years of the 2007-2013 mandate in the framework of the specific regional objectives in the 2007-2013 mandate and of the corresponding performance indicators to be set by the EIB (to be conducted in association with the EIB’s evaluation unit and Commission services);

(c)

analysis of the financial needs of the beneficiaries, their absorption capacity and the availability of other sources of private or public financing for the relevant investments;

(d)

the assessment of the cooperation and coherence of actions between EIB and the Commission;

(e)

the assessment of the cooperation and synergies between the EIB and international and bilateral financial institutions and agencies.

For the purposes of the assessments under points (a) and (b), the added value of EIB operations will be measured against three elements:

• support of Community policy objectives,

• the quality of the projects themselves, and

• alternative sources of financing.