How did improving preschool education in rural areas of Honduras foster early childhood development? How did access to electricity improve opportunities for Ecuadorean women to earn more income? How did the public and private sector come together to finance the largest hydropower plant in Central America? The answers to questions like these illustrate the wide range of development results that the Inter-American Development Bank (IDB) supported during the 2012-2015 period. These results, and others like them, are described in the pages that follow. They reflect on progress on each of the specific targets established for this period as part of the Corporate Results Framework (CRF). While most of those targets were met, others were not. The first section of this chapter provides an overall account of achievements of CRF indicators as well as exploring why some CRF indicators did not reach their targets for 2015. It explains challenges in terms of defining corporate result indicators.
Subsequent sections of the chapter focus on the five sector priorities set out in IDB-9. To provide context on the Region’s progress in terms of its longer-term development challenges in these five areas, each section opens with an overview of the Regional Development Goals (RDG) indicators included in the CRF 2012-2015. It is worth noting that Bank support is typically only one of many factors contributing to each goal; thus progress on the RDGs cannot be directly attributed to IDB-supported interventions, and the trajectory of these indicators depends on many factors.
After providing context for the status of the Region based on the RDGs, each section describes the results from various IDB-supported projects. Finally, because a single measurement tool like the CRF cannot capture all of the Bank’s work in support of the Region’s development, this chapter concludes with a discussion on several key initiatives that emerged during 2012–2015.