A Focused Assessment of the International Development Association’s Private Sector WindowAn Update to the Independent Evaluation Group’s 2021 Early-Stage AssessmentAn Independent EvaluationPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure AuthorizedPublic Disclosure Authorized© 2024 International Bank for Reconstruction and Development / The World Bank1818 H Street NW Washington, DC 20433Telephone: 202-473-1000Internet: www.worldbank.orgATTRIBUTIONPlease cite the report as: World Bank. 2024. A Focused Assessment of the International Development Association’s Private Sector Window: An Update to the Independent Evaluation Group’s 2021 Early-Stage Assessment. Independent Evaluation Group. Washington, DC: World Bank.COVER PHOTOAdapted from Shutterstock/Monster ZtudioEDITING AND PRODUCTIONAmanda O’BrienGRAPHIC DESIGNLuísa UlhoaRafaela SarinhoThis work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the views of The World Bank, its Board of Executive Directors, or the governments they represent.The World Bank does not guarantee the accuracy of the data included in this work. The bound-aries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or the endorsement or acceptance of such boundaries.RIGHTS AND PERMISSIONSThe material in this work is subject to copyright. Because The World Bank encourages dissem-ination of its knowledge, this work may be reproduced, in whole or in part, for noncommercial purposes as long as full attribution to this work is given.Any queries on rights and licenses, including subsidiary rights, should be addressed to World Bank Publications, The World Bank Group, 1818 H Street NW, Washington, DC 20433, USA; fax: 202-522-2625; e-mail: pubrights@worldbank.org.A Focused Assessment of the International Development Association’s Private Sector WindowAn Update to the Independent Evaluation Group’s 2021 Early-Stage AssessmentAn Independent EvaluationJanuary 4, 2024ii 1. Background and Context �����������������������������������������������������������������������������������������1The International Development Association Private Sector Window 4Evaluation Questions, Scope, and Methods 9Complementary Assessments: IEG’s 2021 PSW Early-Stage Assessment and the IDA20 PSW Mid-Term Review 132. Private Sector Window Usage and Market Development Potential ��������������������17Usage 20The Role of the Private Sector Window in Addressing Constraints on Private Investment 24Alignment of Private Sector Window Projects with International Development Association Special Themes 363. Enabling Factors ����������������������...
