Report on the activities of the Independent Evaluation Unit

The IEU report for February to May 2026 outlines the progress of several independent evaluations, including those on gender, the Project Preparation Facility, and the private sector. It highlights the ongoing Third Performance Review (TPR) and the LORTA impact evaluation programme, which supports 23 evaluations. The Unit also reports on its strategic engagement with other multilateral climate funds, the use of AI in evaluation synthesis, and its budget expenditure, which stood at 19% (USD 1.5 million) of the annual budget as of 30 April 2026.

• The IEU is conducting five independent evaluations approved in the 2026 Work Plan: the GCF's Approach to Gender, the Project Preparation Facility (PPF), the Portfolio of and Approach to the Private Sector, the Readiness and Preparatory Support Programme (RPSP), and Ecosystems, Ecosystem Services and Biodiversity.
• The Third Performance Review (TPR) for 2025–2027 is underway to assess GCF performance during the second replenishment period (GCF-2, 2024-2027) and inform the third replenishment (GCF-3, 2028-2031). Two interim deliverables have been completed: a TPR Synthesis and a Foresight Study on Climate Finance.
• The Learning-Oriented Real-time Impact Assessments (LORTA) Programme is supporting 23 impact evaluations throughout 2026, focusing on natural resources management, climate resilience, early warning systems, sustainable agriculture, food security, and gender action.
• The IEU and three other multilateral climate funds (GEF, Adaptation Fund, and Climate Investment Funds) are piloting AI applications to synthesize forestry-related interventions and are developing ethical guidelines for AI use in climate evaluations.
• The IEU has finalized an Evaluation Quality Assessment (EQA) framework and tool to attest to the quality of evaluations conducted by Accredited Entities (AEs) of GCF-funded activities.
• As of 30 April 2026, the IEU's actual budget expenditure was USD 1.5 million, representing 19% of the approved 2026 annual budget of USD 7.9 million.

APA

Green Climate Fund (2026). Report on the activities of the Independent Evaluation Unit. https://www.greenclimate.fund/sites/default/files/documents/2026-06/09-reports-activities-ieu-gcf-b45-inf06.pdf

Chicago

Green Climate Fund. Report on the activities of the Independent Evaluation Unit. 2026. https://www.greenclimate.fund/sites/default/files/documents/2026-06/09-reports-activities-ieu-gcf-b45-inf06.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Report on the activities of the Independent Evaluation Unit |date=8 June 2026 |url=https://www.greenclimate.fund/sites/default/files/documents/2026-06/09-reports-activities-ieu-gcf-b45-inf06.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2026report, author = {{Green Climate Fund}}, title = {{Report on the activities of the Independent Evaluation Unit}}, institution = {Green Climate Fund}, year = {2026}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/documents/2026-06/09-reports-activities-ieu-gcf-b45-inf06.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }