Public Utility Reform : What Lessons Can We Learn from IEG Evaluations in the Energy and Water Sectors?
This synthesis provides a review of operationally relevant findings and lessons from World Bank-supported utility reforms in the energy and water sectors, as identified in IEG evaluation products. The report summarizes the IEG evidence of what work...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/681351607013294306/Public-Utility-Reform-What-lessons-can-we-learn-from-IEG-evaluations-in-the-energy-and-water-sectors http://hdl.handle.net/10986/35076 |
| Summary: | This synthesis provides a review of
operationally relevant findings and lessons from World
Bank-supported utility reforms in the energy and water
sectors, as identified in IEG evaluation products. The
report summarizes the IEG evidence of what worked and what
did not work, and why, in WB support of public utility
reforms in its client countries. It identifies two
fundamental areas of utility reform – improving
institutional accountability and strengthening financial
viability. The first involves measures to reform
institutional arrangements, policies, and regulations;
sector planning, utility management, capacity, and skills;
and creating the framework for private investment. The
second requires strengthening cost recovery, commercial
viability, and operational efficiency. The report compares
the effectiveness of Bank instruments (DPOs and IPFs) across
selected financial viability targets. It identifies lessons
for each sector and cross-cutting lessons for both energy
and water operations centered on promoting financial and
operational discipline (regardless of private or public
ownership), and institutional governance and accountability. |
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