The AquaFund is a thematic fund of the Inter-American Development Bank (IDB).
We were mandated to carry out a mid-term evaluation of the AquaFund regarding its relevance, efficiency, effectiveness, impact, knowledge transfer, and sustainability.
The AquaFund is a thematic fund of the Inter-American Development Bank (IDB) and has been the main non-reimbursable financing mechanism to support IDB’s investments in the sector. Apart from IDB, Austria, Spain, Switzerland and PepsiCo also contribute as donors to the AquaFund.
The AquaFund was created in 2008 with the intent to finance a variety of interventions that support the implementation of IDB’s Water and Sanitation Initiative and to contribute to the fulfillment of the water-related Millennium Development Goals which called for halving the number of people without access to clean water and providing adequate sanitation services by 2015. In 2015, the Millennium Development Goals were followed up by the Sustainable Development Goals which strive to ensure access to water and sanitation for all by 2030.
An evaluation of the AquaFund has been requested by all donors, to assess its overall performance and results for a sample of projects implemented during the period 2011–2016. The results of this evaluation served as an input for updating the current Action Plan for AquaFund performance improvement, to be implemented until 2020. The main objectives and scope of the evaluation were:
- to evaluate the performance (relevance, efficiency, knowledge transfer) of AquaFund regarding the objectives, management and operation of the Fund during the period 2011–2016; and
- to evaluate the results (effectiveness, impact, sustainability) of a sample of seven projects in four countries financed through AquaFund approved and completed during the period 2011–2016.
We were mandated with this evaluation for which we formed a mixed Consultant Team with international and national experts.