Overview
This document presents the Secretariat management response to the Independent Evaluation of Green Climate Fund’s Energy Sector Portfolio and Approach undertaken by the Independent Evaluation Unit (IEU). This management response is divided into 2 parts, having the first section discusses the Secretariat’s general responses to the overall findings and recommendations and the second section discusses each specific recommendation. The IEU evaluation report presents five major recommendations to the GCF Board and Secretariat. The Secretariat partially agrees with most recommendations and agrees to a few, while it is committed to thoroughly evaluating each recommendation and implementing appropriate measures in line with GCF's objectives and policies.