This document presents the Secretariat management response to the Second Performance Review (SPR) of the Green Climate Fund undertaken by the Independent Evaluation Unit (IEU). The SPR is one of the foundations of the Fund’s second replenishment and the development of an updated strategic plan for GCF-2. The findings and recommendations of the evaluation broadly resonate with the Secretariat’s experience and lessons learned, and the Secretariat is taking steps to address the issues within its authority.