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The Third Overall Performance Study of the GEF (OPS3)This study is the third independent and external review of the performance of the GEF since restructuring in 1994. The Terms of Reference were approved by the GEF Council in May 2004, and implementation began in September 2004. Following an international search, the firm ICF Consulting with offices in Brazil, Canada, Russia, the United Kingdom and the United States, was selected to execute the study. OPS3 supports the preparation for the fourth GEF replenishment of funds in 2005. The purpose of OPS3 is to assess the extent to which GEF has achieved, or is on its way towards achieving, its main objectives as laid down in the GEF Instrument and subsequent decisions by the GEF Council and the Assembly. Specifically, the Study aimed to:
The study was completed in June 2005. |