B.39/17: Independent evaluation of GCF’s Investment Framework

The Board, having considered document GCF/B.39/06 titled “Independent Evaluation of the GCF’s Investment Framework: Final Report”:

1. Takes note of the findings and recommendations in the independent evaluation of the GCF’s investment framework undertaken by the Independent Evaluation Unit;
2. Notes the Secretariat’s management response to the evaluation report as presented in document GCF/B.39/06/Add.01;
3. Requests the Investment Committee to further consider the independent evaluation of the GCF’s investment framework, including its findings and recommendations, as well as the Secretariat’s management response, and submit its recommendations to the Board for consideration;
4. Also requests the Independent Evaluation Unit to submit a management action report to the Board no later than one year following the Board’s consideration of the recommendations made by the Investment Committee.