Independent Evaluation of the Green Climate Fund’s Investment Framework (IF2023)
This evaluation will look at the overarching questions of how effective and fit-for-purpose the GCF’s investment framework, accompanying tools, criteria, and guidelines are in fulfilling the Fund’s strategic goals and mandate. The evaluation report will be submitted to the Board in time for the first Board meeting in 2024.
Evaluation Documents
- The evaluation was commissioned by the Board in IEU Work Plan and Budget for 2023 at B.34.
- 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.
Report
- Final report (Volume I)
Summaries
- Executive summary
- 2-page GEValNote 18: English | Française | Español | العربية
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The GCF Secretariat Management response presents the response to the Independent Evaluation of the GCF’s Investment Framework undertaken by the Independent Evaluation Unit (IEU).
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In Decision B.39/17, the GCF Board took note of the Independent Evaluation of the GCF’s Investment Framework undertaken by the Independent Evaluation Unit (IEU).
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The Board requested the Investment Committee to further consider the independent evaluation of the GCF’s investment framework, including its findings and recommendations, as well as the Secretariat’s management response, and submit its recommendations to the Board for consideration. It further requested the IEU to present a management action report to the Board no later than one year following the Board’s consideration of the recommendations made by the Investment Committee.