Financial Mechanism and Resources

GEF Effectiveness Review

Memorandum of understanding between the Conference of the Parties to the Convention on Biological Diversity and the Council of the Global Environment Facility

4. Monitoring and evaluation

4.1 The Conference of the Parties may raise with the Council any matter arising from the reports received.

4.2 The funding decisions for specific projects should be agreed between the developing country Party concerned and GEF in accordance with policy, strategy, programme priorities and eligibility criteria established by the Conference of the Parties. The GEF Council is responsible for approving the GEF work programmes. If a Party considers that a decision of the Council regarding a specific project was not made in compliance with the policies, programme priorities and eligibility criteria established by the Conference of the Parties in the context of the Convention, the Conference of the Parties should analyse the observations presented to it by the Party and take decisions on the basis of compliance with such policy, strategy, programme priorities and eligibility criteria. In the event that the Conference of the Parties considers that this specific project decision does not comply with the policy, strategy, programme priorities and eligibility criteria established by the Conference of the Parties, it may ask the GEF Council for further clarification on the specific project decision.

4.3 As provided for in Article 21, paragraph 3, of the Convention, the Conference of the Parties will periodically review the effectiveness of the financial mechanism in implementing the Convention and communicate to the Council relevant decisions taken by the Conference of the Parties as the result of such review, to improve the effectiveness of the financial mechanism in assisting developing country Parties to implement the Convention.

GEF Effectiveness Review

Article 21, paragraph 3: "3. The Conference of the Parties shall review the effectiveness of the mechanism established under this Article, including the criteria and guidelines referred to in paragraph 2 above, not less than two years after the entry into force of this Convention and thereafter on a regular basis. Based on such review, it shall take appropriate action to improve the effectiveness of the mechanism if necessary."

The performance of the financial mechanism has been under multi-layered reviews by the GEF agencies, the GEF Evaluation Office and the Conference of the Parties, in accordance with their distinct mandates and institutional interests. The review of the effectiveness of the financial mechanism undertaken by the Conference of the Parties is conducted every four years and this review coincides with the ordinary meeting of the Conference of the Parties.
The Conference of the Parties conducts a review of the effectiveness of the financial mechanism every four years. In accordance with the terms of reference, the fifth review of the effectiveness of the financial mechanism will take place at the second meeting of the Subsidiary Body on Implementation, and subsequently at the fourteenth meeting of the Conference of the Parties.

Decision XIII/21 sets out the terms of reference for the fifth review of the effectiveness of the financial mechanism.

In Recommendation 2/7 on review of implementation of financial mechanism (Article 21), the second meeting of the Subsidiary Body on Implementation regrets that the terms of reference for the fifth review of the financial mechanism were not implemented due to lack of funding (paragraph 3), and invites Parties and Governments, as well as relevant stakeholders, to submit views and other information on the sixth overall performance study of the Independent Evaluation Office of the Global Environment Facility, and the summary of evaluation results of the Global Environment Facility Independent Evaluation Office, to the Executive Secretary by 15 September 2018 (paragraph 4). The Subsidiary Body on Implementation requests the Executive Secretary to prepare a compilation of submissions received from Parties as well as the information derived from the sixth overall performance study of the Independent Evaluation Office of the Global Environment Facility, which will be the basis for the fifth review of effectiveness of the financial mechanism to be performed by the Conference of the Parties at its fourteenth meeting (paragraph 5).

GEF/A.6/07: Sixth Overall Performance Study of the Global Environment Facility: The GEF in the Changing Environmental Finance Landscape, Prepared by the Independent Evaluation Office of the Global Environment Facility, 24 June 2018

CBD/SBI/2/INF/25: Summary of evaluation results of the Global Environment Facility Independent Evaluation Office, 31 March 2018

Independent Evaluation Office of GEF

Submissions on the fifth review: Colombia; Syrian Arab Republic; The European Union and its Member States

Review Reports
Fourth review: Summary of the fourth review of the effectiveness of the Global Environment Facility (UNEP/CBD/WGRI/5/5/ADD1, 17 April 2014): اللغة العربية, 中文, English, Français, Русский, Español; UNEP/CBD/WGRI/5/INF/10: Fourth review of the effectiveness of the financial mechanism

Third review: Review of the effectiveness of the financial mechanism (UNEP/CBD/COP/9/17; 26 April 2008) (ar en es fr ru zh) and review of the effectiveness of the financial mechanism: the report of the independent evaluator commissioned to carry out the third review of the effectiveness of the financial mechanism (UNEP/CBD/COP/9/INF/20; 26 February 2008)(en)

Second review: Executive summary of the report of the independent evaluator for the review of the effectiveness of the financial mechanism (UNEP/CBD/COP/6/13/Add.1; 12 December 2001) (ar en es fr ru zh) and (UNEP/CBD/COP/6/INF/4; 14 January 2002) (en)

First review: Review of the Effectiveness of the Financial Mechanism (UNEP/CBD/COP/4/16; 5 February 1998) (ar en fr ru zh)

Reference: Budget and staffing of Evaluation Systems in Development Co-operation - 2016 Review by OECD