With innovation, integration and transformation at its core, GEF-7 Programming seeks maximum impact. Simultaneously, a new set of policies has been developed that aims to enhance the effectiveness and efficiency of the GEF. The Corporate Scorecard periodically reports on various metrics through which the GEF-7 portfolio is being monitored.
The GEF Council approved a new GEF Policy on Gender Equality (GEF, 2017c) in November 2017. The Policy marks GEF’s increased ambition to ensure gender equality and promote women’s empowerment across its operations. The new Policy responds to the recommendations of the Independent Evaluation Office’s Evaluation of Gender Mainstreaming in the GEF (GEF, 2017a), which was endorsed by GEF Council in May 2017, which found that “there has only been a limited increase in the percentage of projects rated gender sensitive or gender mainstreamed.”
The Capacity-building Initiative for Transparency (CBIT) supports developing countries to build institutional and technical capacity, both pre- and post-2020, to meet enhanced transparency requirements as defined in Article 13 of the Paris Agreement.
The GEF supports adaptation to climate change in developing countries through the Least Developed Countries Fund (LDCF), which supports urgent, medium and long-term adaptation needs in least developed countries (LDCF), and the Special Climate Change Fund (SCCF), accessible by all developing countries. Established in 2001 at COP 7, the two funds also support implementation of the Paris Agreement.