Following on a phase 1 report completed in 2002 and a meta-evaluation in 2003, this report evaluates the World Bank's involvement in global programs using 26 case studies, including Global Water Partnership and Water and Sanitation Program. Given the rapid acceleration of Bank involvement in global and regional programs at this time, the report sought to derive lessons for the design and implementation of individual global programs and for the development of a broader strategic framework involving program selectivity, governance, management, financing and evaluation. Case studies were assessed for relevance, efficacy, efficiency, and bank performance