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The Green Climate Fund (GCF) proposes a four-phase Results Management Framework (RMF) consisting of result area definition, target setting, implementation and monitoring, and evaluation and learning. The framework emphasizes a 'continuously learning institution' approach, balancing standardized core performance indicators with flexibility for country-driven priorities. For mitigation, the GCF suggests using carbon dioxide equivalent (CO2-eq) as a primary metric, while adaptation requires sector-specific measures due to the lack of a unitary quantifiable measure of vulnerability. The document recommends annual reporting and a combination of funding pilot activities and utilizing the experience of other entities to set initial targets. Key performance criteria beyond core indicators include the potential for a paradigm shift, development co-benefits, and cost-effectiveness.