As the eighth in the series, the 2011 APR reviews nearly a decade of completed GEF projects to assess outcomes, sustainability, and monitoring systems.
The 2011 Annual Performance Report (APR 2011) reviews completed projects to assess outcomes, sustainability, delays, cofinancing, and monitoring and evaluation (M&E) arrangements. The assessment covers 488 projects submitted since fiscal year (FY) 2002, representing $1.791 billion in GEF funding, with a focus on 102 terminal evaluations from FY2011 accounting for $414 million.
Based on desk reviews of terminal evaluations, supplemented by Agency evaluation ratings, the analysis finds that 80 percent of projects in the FY2011 cohort achieve moderately satisfactory or higher outcomes, consistent with long-term trends.
Sustainability of results remains a concern, with only 55 percent of FY2011 projects rated moderately likely or higher.
The report finds that actual cofinancing is consistently higher than planned, demonstrating strong resource mobilization, though reporting remains uneven. It also finds that quality of M&E during implementation is moderately satisfactory or higher in 70 percent of projects, while 80 percent of projects endorsed in FY2011 meet minimum M&E quality-at-entry requirements.
It recommends continued attention to sustainability and quality of M&E systems and, in line with early progress, urged GEF Agencies to strengthen engagement of operational focal points (OFPs) in project M&E.
