Building on earlier APR findings, the 2009 review compares agency practices in supervision and evaluation, noting uneven progress across the GEF partnership.

The Sixth Annual Performance Report (APR) 2009 reviewed completed projects for which terminal evaluations were submitted in fiscal year 2009, covering 55 projects with $208 million in GEF funding. Using terminal evaluation reviews and performance data, the report assessed outcomes, sustainability, supervision quality, cofinancing, and reporting practices.

It finds that 91 percent of projects achieved satisfactory outcomes and that 72 percent of terminal evaluations were rated satisfactory or above.

Cofinancing contributed to results, though its importance is sometimes overstated. Supervision quality is rated satisfactory across the World Bank and UNDP, with UNEP showing notable improvement, while the current GEF approach to agency fees can disadvantage agencies managing a large share of medium-sized projects. The report also highlights ongoing delays and uncertainty in terminal evaluation submissions, which limit timely reporting on project status.

The report recommends improving the quality of information in the Project Management Information System (PMIS), assessing the effectiveness of current APR tools, and devolving responsibility for reporting and review of completed projects to the independent evaluation offices of the GEF Agencies.