Social and environmental performance and co-benefits are key to the mandate of the GCF and its environmental and social policy (ESP).

The evaluation has three main objectives.

The first is to assess the extent to which the GCF is effectively preventing, mitigating and managing potential adverse environmental and social impacts of GCF-funded projects.

The second is to assess the extent to which the GCF is effectively promoting environmental, social, economic and development co-benefits, and taking a gender-sensitive approach, by replacing the traditional “do no harm” approach with a “do good” approach.

The third is to assess how well the GCF is monitoring and reporting on environmental and social impacts and co-benefits.