Report on the activities of the Independent Evaluation Unit

The IEU report for May-August 2024 outlines the completion of evaluations on whistleblower protection, the GCF Investment Framework, and the energy sector portfolio. It details ongoing evaluations in Latin America and the Caribbean, health and food security, and Indigenous Peoples' approaches. The report also highlights the LORTA impact evaluation programme, evidence reviews on just transition and market-based approaches, and the progress of a Management Action Report on the Readiness and Preparatory Support Programme, where the Secretariat agreed to all 15 recommendations with varying levels of implementation progress.

• The evaluation of the GCF Policy on the Protection of Whistleblowers and Witnesses (PPWW) found that while the policy aligns with GCF goals, it requires better integration into the broader policy and integrity landscape and more consistent guidance to ensure trust and predictability.
• An evaluation of the GCF Investment Framework concluded that it effectively promotes a paradigm shift toward low-emission and climate-resilient development and ensures consistency in decision-making, but it becomes largely irrelevant after a funding proposal is approved due to misalignment with other frameworks like the Risk Management Framework (RMF).
• The evaluation of the GCF's energy sector portfolio noted that while the Fund has significant reach and volume, its goals for catalysing a global energy sector paradigm shift are not clearly articulated, and it has struggled to engage the right actors for coordinated programming.
• The energy sector evaluation further identified that risk management is inadequately operationalized, with a mismatch between actual and stated risk appetite, and that result management is underdeveloped due to poor quality at entry and conceptual gaps in measuring effectiveness.
• The LORTA impact evaluation programme has engaged over 90 GCF-funded project teams, with 29 projects onboarded (approximately 10% of all approved projects), producing robust impact evaluations for projects in Malawi (FP002) and Bangladesh (FP069).
• A realist review on just transition in developing countries identified common enablers across sectors, such as political will, social dialogue, and robust financing, while common barriers included bureaucratic hurdles and unequal benefit distribution.
• The IEU is conducting a peer review of its evaluation function with the United Nations Evaluation Group (UNEG), which began with a self-evaluation in 2024 and is expected to conclude in mid-2025.
• In the Management Action Report for the Readiness and Preparatory Support Programme (RPSP), the Secretariat agreed to all 15 recommendations; however, the IEU rated the progress as 'high' for 3, 'substantial' for 3, 'medium' for 6, and 'low' for 3 recommendations.
• The IEU's budget expenditure for the reporting period was 40% of the approved annual budget, totaling USD 3.09 million, with a forecast expenditure of USD 6.74 million (87.1%) by the end of the year.

APA

Green Climate Fund (2024). Report on the activities of the Independent Evaluation Unit. https://www.greenclimate.fund/sites/default/files/document/08-report-activities-independent-evaluation-unit-gcf-b40-inf11.pdf

Chicago

Green Climate Fund. Report on the activities of the Independent Evaluation Unit. 2024. https://www.greenclimate.fund/sites/default/files/document/08-report-activities-independent-evaluation-unit-gcf-b40-inf11.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Report on the activities of the Independent Evaluation Unit |date=3 October 2024 |url=https://www.greenclimate.fund/sites/default/files/document/08-report-activities-independent-evaluation-unit-gcf-b40-inf11.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2024report, author = {{Green Climate Fund}}, title = {{Report on the activities of the Independent Evaluation Unit}}, institution = {Green Climate Fund}, year = {2024}, month = oct, url = {https://www.greenclimate.fund/sites/default/files/document/08-report-activities-independent-evaluation-unit-gcf-b40-inf11.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }