Fifth Overall Performance Study of the GEF

OPS5 is a comprehensive evaluation that assesses the performance, institutional effectiveness, and impact of the GEF. Overall performance studies are undertaken to inform the next replenishment cycle of the GEF and to identify potential improvements.

Evidence Base

Main Conclusions and Recommendations

Global environment trends continue to decline

The replenishment may show no increase in purchasing power, while the GEF has accepted more obligations

Higher level of funding leads to better progress toward impact

The GEF plays a relatively small but catalytic role in global public funding

Resource mobilization and strategic choices in the GEF need to reflect the urgency of global environmental problems

Make replenishment arrangements more flexible Broaden the financing base and invite the EC to become a donor

A soft pipeline with 60% coverage of available money would provide a one-time speeding-up of up to $400 million in transfers to recipient countries

The business model of the GEF is no longer appropriate and leads to growing inefficiencies

The GEF project cycle is slow

The GEF network is complex and overburdened

The business model of the GEF needs major overhaul in the GEF-6 period

The move toward programming and programmatic approaches should continue

The GEF should shift cofinancingconsiderations to the CEO endorsementand GEF Agency approval stages The GEF network shouldredefine the inclusion of partners atdecision points, focusing on Council and country-level decisions
Limit the number ofoutcome indicators Revitalize publicinvolvement policy nvigorate the corporate strategyfor the Small Grants Programme (SGP)

The intervention logic of the GEF is catalytic and successful in achieving impact over time

The intervention logic of the GEF is not only successful at the national level, but also regionally and globally

GEF projects deliver excellent outcomes

To maximize results, the intervention model of the GEF needs to be applied where it is most needed and supported by a better business model

More attention to activities that boost broader adoption of GEF initiatives bygovernments and other stakeholders Involve civil society and the private sector in projects, programs, national andregional priority setting, and analysis
Strengthen Strategic Role of the STAP Revitalize the SGP Steering Committee
Adopt an action plan to implement the GEF Gender Mainstreaming Policy Implement knowledge managementand capacity development strategy