On Tuesday, Rosina Bierbaum, Chair, Scientific and Technical Advisory Panel (STAP), presented the report of the Chair of the STAP. She highlighted the Panel’s perspectives on a three-pronged strategy that seeks to ensure that: individual investments are efficient, transformative and durable; the GEF portfolio is more integrated and transformational; and the GEF catalyses the transformation of economic systems using its convening power and leverage to form partnerships to deliver more environmentally sustainable development.
Council Members considered the Report of the Working Group on Governance. Introducing the report of the ad hoc Working Group, Stefan Schwager, Switzerland, highlighted positive results relating to the efficiency and transparency of the GEF's decision-making processes. He highlighted recommendations that the Council not only consider the evaluation report and recommendations, but also the management response.
Council members also discussed four reports by the Independent Evaluation Office (IEO) on: GEF support in fragile and conflict-affected situations; interventions in the artisanal and small-scale gold mining sector; the role of medium-sized projects in the GEF partnership; and knowledge management. The Secretariat reported that the global pandemic has not had a major detrimental effect on the evaluations, even though field work was suspended in March. Members expressed appreciation for the quality of the evaluations.
In closing of the day's agenda, the Council re-opened discussions on the private sector engagement strategy. Some called for text on increasing the role of operational focal points, while others noted this topic is currently under discussion in the ad hoc Working Group on Governance. GEF CEO and Chairperson, Carlos Manuel Rodríguez recommended resuming discussion of this issue on Wednesday, after Members have had a chance to reflect on the different options on the table.