This report shares lessons to inform early implementation of the World Bank’s FCV strategy in situations of conflict. The evaluation analyzes how the World Bank works differently in conflict-affected situations by assessing four key aspects of engagement: (i) the extent to which the World Bank identified and addressed conflict drivers and risks; (ii) how these drivers and risks are integrated into operations; (iii) the ways in which the World Bank has adapted its engagement by working with clients during situations of political instability, partnering with the UN and the International Committee of the Red Cross, leveraging corporate security, and adjusting its portfolio instruments; and (iv) how the World Bank has contributed to project-level results and higher-level outcomes related to peace and stability.