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Evaluation of NDF’s progress under the climate mandate

Background: In 2009 the Nordic Development Fund (NDF) was given a new mandate to provide financing to projects addressing the challenges posed by climate change. At the same time, NDF was given grants as a new financing instrument. Based on an assessment carried out by the NDF staff in early 2011, NDF’s Board decided to undertake an independent evaluation of NDF’s work under the climate mandate. The main objective for this evaluation should be to provide NDF with an independent assessment of the Fund’s activities during the first two years of operation under the climate and development mandate. The evaluation should focus on reviewing, assessing and validating the progress so far in achieving the objectives set out in the May 2009 Board paper “Future NDF Operations: An Outline for 2009-2011”, and identifying any other strategic choices that NDF should address in view of the changes in the international development co-operation and climate change agenda.