Independent Evaluation of the Relevance and Effectiveness of GCF’s Investments in the Latin American and Caribbean (LAC) States (LAC2024)

  • Status On-going

This evaluation will assess the relevance and effectiveness of the GCF's investments in the Latin American and Caribbean (LAC) States. The evaluation has four objectives:

  • Assess whether the GCF approaches and investments have promoted the paradigm shift towards low-emission and climate-resilient development pathways in Latin America and the Caribbean region;
  • Assess effectiveness and efficiency in reducing the vulnerability of local communities and local livelihoods to the effects of climate change, and whether these impacts are likely to be sustained in Latin America and Caribbean region;
  • Identify critical success factors for the relevance and effectiveness of GCF operations in Latin America and the Caribbean region; and
  • Generate lessons for future operations of GCF in the Latin America and Caribbean region.

This evaluation will be submitted to the Board at the final Board meeting in 2024.

Evaluation Documents

  • The evaluation was commissioned by the Board in IEU Work Plan and Budget for 2024 at B.37
  • Terms of Reference
  • The approach paper prepared by the evaluation team during the inception stage describes the evaluation's background, methods and approaches, evaluation questions, timelines and deliverables.
  • The evaluation team further developed an approach brief to provide a one-page summary of the approach paper of the evaluation, including the evaluation’s context, purpose and objectives, scope, methods and timeline.