Evaluation of Transformational Change in the Climate Investment Funds

This evaluation seeks to understand the Climate Investment Funds’ (CIF) contribution to transformational change toward low-carbon and climate-resilient development in the areas of mitigation, resilience, and forestry. The evaluation aims to bring about more transformative climate programming by providing findings to improve the design and delivery of existing CIF programs; inform the operation of other climate funds; help design future climate finance initiatives; and aid those engaged in monitoring, evaluation, and learning for climate funds.

This evaluation does not seek to evaluate CIF’s overall performance but rather to understand how, and to what extent, CIF has been able to contribute to transformational change. A theory-based approach is used exploring the mechanisms of how and under what circumstances transformational change takes place and identifying the role that CIF has played in these changes.