59. There will be periodic independent evaluations of the performance of the Fund in order to provide an objective assessment of the results of the Fund including its funded activities and its effectiveness and efficiency. The purpose of these independent evaluations is to inform decision-making by the Board and to identify and disseminate lessons learned. The results of the periodic evaluations will be published.

60. To this end, the Board will establish an operationally independent evaluation unit as part of the core structure of the Fund. The head of the unit will be selected by, and report to, the Board. The frequency and types of evaluation to be conducted will be specified by the Unit in agreement with the Board. .

61. Reports of the Fund’s independent evaluation unit will be provided to the COP for purposes of periodic reviews of the financial mechanism of the Convention.

62. The COP may commission an independent assessment of the overall performance of the Fund, including Board performance.


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