Independent Evaluation of Green Climate Fund’s Investment Framework

This evaluation of the GCF Investment Framework assesses the overall relevance and effectiveness of the Investment Framework in the context of the GCF’s efforts towards climate change mitigation and adaptation. Overall, the evaluation examines how effective and fit-for-purpose the GCF Investment Framework is in fulfilling strategic goals and mandate. It assesses the coherence and complementarity of the GCF Investment Framework internally with other GCF internal policies, and externally with the country-level climate change strategies and action plans. It also assesses and analyse the efficiency, effectiveness, coherence and complementarity of the GCF Investment Framework with regard to funding proposals, projects and programmes. In addition, it reviews alignment with wider results and risk management frameworks