Through this request for proposals (“RFP”), the GCF is seeking to contract qualified, reputable and experienced Firms to provide Consultancy Services for  development of the GCF’s integrated & coherent results management framework.

At B.22, the Board requested the Secretariat to review and update the RMF and PMFs through an integrated approach by incorporating decisions, policies and frameworks that are relevant to the Fund’s management for results architecture along with the recommendations bytheIEU. This is one of the core initial policy frameworks of the Fund to be reviewed by the Board in 2019 along with other frameworks on accreditation, investment, and private sector modalities.

The consultancy firm will support the Secretariat’s effort to define the Fund’s ‘fit-for-purpose’results management approach and complete the results architecture through the integration of the Results Management Framework (RMF), Performance Measurement Frameworks (PMFs) and relevant components of the Investment Framework (IF) under the guidance and supervision of the Secretariat. A ‘fit for purpose’ results management framework will allow the GCF to work with its accredited entities (AE) and countries to effectively define, measure and report the results of funded activities at the project level, allow for tracking of  progress against portfolio level goals, and support an understanding of progress toward the Fund’s overall objectives to promote paradigm shift towards low-emissions climate resilient development and implementation of the Paris Agreement and countries’ Nationally Determined Contributions (NDCs). It will provide further recommendation to refine the set of indicators used, bearing in mind the greater challenge of defining criterion to measure granularities associated with adaptation – type indicators. The cascading and integration of IF to RMF and PMFs will help provide a clearer and more coherent picture to determine the multiple causal pathway(s) cutting across impact areas to project/program level outputs to provide better assumptions/evidence of how and why certain changes should occur in GCF funding activities, either through attribution or contribution. These efforts will build on lessons from comparable climate finance mechanisms and other institutions and be undertaken for GCF specific investment criterion, including paradigm shift potential, impact potential, sustainable development potential, country ownership etc.

The deadline for submission of proposals has been extended to Tuesday 30th April, 2019 at 23:30 hrs Korean Standard Time.