This document summarizes the key elements of the work plan and budget of the Independent Evaluation Unit (IEU) for 2020. It contains: (1) an overview of the IEU's achievements during 2019 while referring to the IEU’s detailed Annual Report (document GCF/B.24/Inf.06); (ii) key elements of the IEU’s annual (2020) work plan and budget; and (iii) an update of the IEU’s rolling three-year work plan.