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The GCF's Independent Evaluation Unit (IEU) assessed four pilot RFP programmes: Enhanced Direct Access (EDA), Micro-, Small and Medium-Sized Enterprises (MSME), Mobilizing Funds at Scale (MFS), and REDD+ Results-based Payments (REDD+). The assessment concludes that while the RFPs are relevant to the GCF mandate and country needs, they have not been used effectively as a modality. Key failures include a lack of incentives for proponents, an inability to attract new accredited entities, and a project cycle that remains as complex and lengthy as the regular Proposal Appraisal Process (PAP). The REDD+ RFP was the most successful due to its tailored process and specialized expertise. The IEU recommends establishing the RFP as a formal institutional modality with standardized processes, transparent topic selection based on portfolio gap analysis, and incentives such as simplified accreditation.