Management response to Independent Evaluation of the GCF's Project Preparation Facility (PPF)

The GCF Secretariat broadly agrees with the Independent Evaluation Unit's findings on the Project Preparation Facility (PPF), acknowledging its role as a strategic de-risking tool. The Secretariat commits to improving coherence between the PPF and the Readiness and Preparatory Support Programme (RPSP), differentiating support pathways for varying entity capacities, and enhancing monitoring and knowledge management. While accepting most recommendations, the Secretariat notes that some findings lacked sufficient contextualization and that the PPF Service modality represents only about 21% of approved requests.

• The Secretariat views the PPF as a strategic de-risking instrument that enables accredited entities and partners to assess project feasibility before committing significant resources, while also serving as an institutional signal to mobilize co-financing.
• The Secretariat agrees to strengthen the coherence and synergies between the PPF and the Readiness and Preparatory Support Programme (RPSP), noting that a 2024 reorganization placed both under the Department of Investment Services and a 2025 appointment of a single Head for both modalities has improved operational coordination.
• The Secretariat acknowledges the need to articulate differentiated support pathways for the PPF to account for differences in accredited entity capacity, project complexity, and operating contexts, particularly for first-time users and those in vulnerable environments.
• The Secretariat partially agrees with the recommendation to review the service providers' roster, noting that the roster was expanded from 8 to 32 firms in mid-2025 to increase local firm participation and specialized expertise.
• The PPF Service modality accounts for approximately 21% of approved PPF requests, totaling 25 approvals, with the majority of support delivered via the PPF Funding modality.
• The Secretariat intends to improve monitoring and knowledge management for the PPF by embedding digitized operational processes and ICT systems to move beyond simple tracking of timelines and outputs toward broader ecosystem learning.

APA

Green Climate Fund (2026). Management response to Independent Evaluation of the GCF's Project Preparation Facility (PPF). https://www.greenclimate.fund/sites/default/files/documents/2026-06/ieu-ppf-evaluation-management-response-2026-06-11.pdf

Chicago

Green Climate Fund. Management response to Independent Evaluation of the GCF's Project Preparation Facility (PPF). 2026. https://www.greenclimate.fund/sites/default/files/documents/2026-06/ieu-ppf-evaluation-management-response-2026-06-11.pdf.

Wikipedia

{{cite report |author=Green Climate Fund |title=Management response to Independent Evaluation of the GCF's Project Preparation Facility (PPF) |date=15 June 2026 |url=https://www.greenclimate.fund/sites/default/files/documents/2026-06/ieu-ppf-evaluation-management-response-2026-06-11.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{greenclimatefund2026management, author = {{Green Climate Fund}}, title = {{Management response to Independent Evaluation of the GCF's Project Preparation Facility (PPF)}}, institution = {Green Climate Fund}, year = {2026}, month = jun, url = {https://www.greenclimate.fund/sites/default/files/documents/2026-06/ieu-ppf-evaluation-management-response-2026-06-11.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }