Cover -- Contents -- Abbreviations -- Fiscal Year of the Global Environment Facility and the World Bank Group -- Acknowledgments -- Program at a Glance: The Global Environment Facility -- Key Bank Staff Responsible During Period Under Review -- Glossary -- Executive Summary -- Secretariat Management Comments: The Global Environment Facility -- Management Comments: The World Bank Group -- Chairperson's Summary: Subcommittee of the Committee on Development Effectiveness -- 1 Introduction, Purpose, and Methodology -- Purpose of the Review -- Scope of the Review -- Organization of the Review -- Methodology -- 2 Evolution of the GEF and its Partnership with the World Bank Group -- Initial Establishment and Restructuring -- Agency Numbers and Direct Access -- Reforms of Administrative Fees -- The Earth Fund and IFC Delegated Authority -- Conclusions -- 3 Mutual Relevance -- Relevance of the World Bank Group to the GEF -- Relevance of the GEF from the Perspective of the World Bank Group -- Conclusions -- 4 Division of Labor and Inter-Organizational Coordination between the World Bank Group and the GEF -- Characterization of the World Bank Group-GEF Project Cycle -- IFC-GEF Coordination Arrangements -- Project-Cycle Issues -- Secondary Evidence -- Harmonizing the World Bank and GEF Project Cycles: Procedures and First Experiences -- Conclusions -- 5 Portfolio Evolution and Project Effectiveness -- Overview of the World Bank's GEF Project Portfolio -- Overview of the IFC's GEF Portfolio -- Effectiveness and Sustainability of World Bank-Implemented GEF Projects -- Effectiveness and Sustainability IFC-Implemented GEF Projects -- Conclusions -- 6 Experiences with Catalytic Approaches in the World Bank Group-GEF Partnership -- Co-financing and Leveraging -- Innovation, Demonstration, and Replication -- Associated and Blended World Bank-GEF Projects.

Agency Mainstreaming -- Linkages -- Conclusions -- 7 Experiences with the GEF's Resource Allocation Systems -- Description of Resource Allocation in the GEF -- Effects on the Bank Group-GEF Partnership -- Conclusions -- 8 The World Bank's Corporate Activities as a GEF Implementing Agency -- Portfolio Management and Reporting -- Policy and Strategic Support -- Outreach and Knowledge Sharing -- Support to the GEF Evaluation Office -- Managing Potential Conflicts of Interests among the Bank's Roles in the GEF -- Conclusions -- 9 Lessons Learned -- Lessons on the Relevance and Effectiveness of the World Bank Group-GEF Partnership -- General Lessons for the World Bank Group's Partnerships with Large GRPPs -- Bibliography -- Boxes -- 6.1 Co-financing and Leverage in IFC -- 6.2 Catalytic Effects of World Bank-Implemented Projects -- 6.3 References to Global-Country Linkages in the World Bank's Strategic Documents in Relation to Global Partnership Programs -- 8.1 As an Effort in Public Science, the IAASTD Was a Bridge Too Far -- Figures -- 3.1 Share of Total GEF Commitments Implemented by the World Bank Group, by GEF Focal Area, Fiscal Years 1992-2013 -- 3.2 Comparative Advantage of the World Bank as Perceived by GEF Program Managers and Focal Points -- 3.3 Evolution of Technical Environment Staff in the World Bank and GEF -- 3.4 Evolution of Biodiversity Expertise in the World Bank and GEF -- 3.5 Share of GEF Financing in World Bank Commitments to Environment-Related Projects, by Sector Board Mapping, Fiscal Years 1992-2013 -- 3.6 Contributions of Different Sources of Finance to World Bank Commitments to Environment-Related Projects, Fiscal Years 2008-13 -- 4.1 Simplified World Bank-GEF Project Cycle -- 4.2 IFC-GEF Project Cycle under the GEF Earth Fund Platform -- 4.3 Elapsed Time (in Months) from Record of Receipt by the GEF to Project Effectiveness.

4.4 Elapsed Time (in Days) between Project Concept Meeting and Board Approval for IBRD/IDA and GEF-Supported ENRM Projects -- 4.5 Elapsed Time (in Days) between Project Concept Meeting and Board Approval for IBRD/IDA ENRM Projects Not Blended with a GEF Component ("Bank") vs. IBRD/IDA ENRM Projects Fully Blended with a GEF Component ("Parent") -- 4.6 Numbers of Pages in Project Identification Forms and CEO Endorsement Requests -- 4.7 Issues Encountered When Reviewing Project Identification Forms of World Bank-Implemented Projects, as Perceived by GEF Program Managers -- 4.8 Issues Encountered When Reviewing CEO Endorsement Requests for World Bank-Implemented Projects, as Perceived by GEF Program Managers -- 4.9 Hurdles for Implementing GEF Projects in the Bank as Perceived by World Bank TTLs -- 4.10 Opinion of GEF Program Managers and World Bank TTLs on Project-Cycle Streamlining Measures -- 4.11 Opinion of GEF Program Managers and World Bank TTLs on the Project-Cycle Pilot Undertaken by the GEF and the World Bank -- 5.1 World Bank-Implemented GEF Projects by Fiscal Year of World Bank Approval -- 5.2 Top Ten Recipients of World Bank GEF Projects, 1992-2013 -- 5.3 World Bank-Implemented GEF Projects by World Bank Region -- 5.4 World Bank-Implemented GEF Projects by GEF Focal Areas -- 5.5 IBRD/IDA and GEF Commitments for Blended Full-Sized Projects -- 5.6 Average Annual Size of World Bank-Implemented Projects -- 5.7 Number of World Bank ENRM Projects by Product Line -- 5.8 World Bank ENRM Projects: Commitments by Product Line -- 5.9 Share of GEF Commitments by Implementing Agency and Replenishment Phase -- 5.10 IFC-Implemented GEF Portfolio, by GEF Focal Areas -- 5.11 Outcome Ratings for GEF Projects, Other ENRM Projects, and all World Bank Projects -- 5.12 Average Outcome Ratings of GEF and Other World Bank Projects.

6.1 Share of Blended Projects in World Bank-Implemented Full-Sized Projects, 1992-2013 -- 6.2 Share of Blended Projects in Total GEF Commitments, by Focal Area, 1992-2013 -- 6.3 Share of Blended Projects in Total GEF Commitments, by Sector Board Mapping, 1992-2013 -- 6.4 Percentage of World Bank CASs Explicitly Mentioning the GEF at Least One, Five, or Ten Times -- 6.5 Share of World Bank CASs Explicitly Mentioning GEF Focal Areas -- 6.6 Influence of Some Factors on Environmental Aspects in the Country Strategy Documents as Perceived by World Bank Country Economists and Country Strategy Document Task Managers -- 7.1 Effects of the Introduction of RAF and STAR as Perceived by GEF Program Managers and GEF Focal Points -- 7.2 Impact of the RAF and STAR on GEF Projects Involving the Private Sector as Perceived by GEF Program Managers and GEF Focal Points -- 8.1 World Bank's Corporate Budget Expenses Related to the GEF -- Tables -- 2.1 Development and Approval of Earth Fund and Its Platforms -- 3.1 Sources of Concessional Financing for the Environment -- 4.1 Major Changes in the GEF Project-Cycle Policies and Procedures -- 5.1 World Bank GEF Projects by Focal Areas and Sector Board Mapping (US millions) -- 5.2 IFC's GEF Portfolio by Practice Area and Regions (US millions) -- 5.3 Co-financing of IFC-Implemented GEF Projects, by GEF Focal Areas -- 5.4 Portfolio of World Bank-Implemented GEF Projects-Approved, Closed, and Rated -- 5.5 Average IEG Ratings of GEF Projects, by Focal Areas -- 5.6 Average IEG Ratings of GEF Projects, by Sector Board Mapping -- 5.7 Average IEG Ratings of GEF Projects, by Region -- 5.8 IEG Ratings of GEF Projects over Time -- 5.9 Disconnect between Development Outcome Ratings of GEF Projects, at Different Stages of Evaluation -- 5.10 Ratings of IFC-Implemented GEF Projects, by Focal Area (25 evaluated projects).

6.1 Top 10 GEF Projects, by Co-financing Ratio and Co-financing Volume -- 6.2 Feedback on the Quality of Blending -- 7.1 GEF Financing and Co-financing for Projects Using Non-grant Instruments -- 8.1 World Bank-Implemented GEF Projects with Large Knowledge Components.