CEF Annual report 2021
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46 <strong>CEF</strong> BUSINESS REPORT <strong>2021</strong><br />
GOVERNANCE 47<br />
STRATEGIC DIRECTION 2022–2026<br />
The <strong>CEF</strong> Strategic Direction 2022–2026 was confirmed<br />
by the Governing Board on June 8, <strong>2021</strong>.<br />
The initial planning phase to elaborate our strategic<br />
objectives started already in 2020. We discussed<br />
the background and draft outline in bilateral<br />
consultations with the Governing Board, the<br />
Advisory Board and the <strong>CEF</strong> Coordinators. They<br />
gave us very valuable input and a solid foundation<br />
for mapping our strategic priorities and ways<br />
to assist our member institutions in reaching their<br />
goals.<br />
Our vision is to inspire public officials, both individuals<br />
and teams, to shape institutional governance<br />
that drives successful economies and fair societies.<br />
This vision puts forward inspiration – for learning,<br />
governing, and advancement. It also maintains<br />
our work in serving as leaders in learning<br />
for public officials. Both of these two aspirations<br />
rest on trust in people and their ability to shape<br />
governance. Our target audience remains central<br />
banks, ministries of finance, tax administrations,<br />
line ministries, and also other public institutions.<br />
With this strategic document, we address:<br />
• the narrative for the region in 2026<br />
• vision and mission<br />
• value-added: know-how on becoming and being<br />
a learning organization<br />
• focus areas of impact<br />
• partnerships<br />
• internal environment<br />
• resources and risks<br />
• monitoring, evaluation and learning<br />
• the results framework and theory of change<br />
We also consulted with several institutions that<br />
contributed to the <strong>CEF</strong>’s understanding of priorities<br />
for the next years: the Energy Community,<br />
the European Centre for Development Policy Management<br />
(ECDPM), the European Commission,<br />
the IMF, the ODI, OECD, the Regional Cooperation<br />
Council, Regional School of Public Administration<br />
(ReSPA), the Joint Vienna Institute, and the Transport<br />
Community.