MACHINE NAME = WEB 2

Independent evaluation of United Nations Development Account Project 2124E: Mobilizing resources for a Green New Deal: partnerships in Asia for a decade of action in the era of Coronavirus

This report presents the independent evaluation of the project titled "Mobilizing resources for a Green New Deal: partnerships in Asia for a Decade of Action in the Era of Coronavirus".

The project was funded by the United Nations Development Account (UNDA) as Project 2124E, with a budget of USD 624,000.

The project was implemented by UNCTAD from January 2021 to December 2024.

The project aimed to support developing countries in Asia in achieving inclusive and sustainable development outcomes through an integrated approach, combining financial sector reforms, industrial policy coordination, and sustainable development principles in the post-COVID context.

The project's overarching objective was to "increase national and regional capacities in Asia to formulate and implement policies to finance a Green New Deal and the SDGs in the Era of Coronavirus and Beyond".

It sought to achieve this through two main intended outcomes:

Enhancing technical capacities of policymakers and financial sector leaders at the national level to identify and design industrial and public financial sector policies for SDG implementation.Strengthening regional cooperation between countries and regional financial institutions to support the development of regional industrial and public financial sector policies for financing and implementing the SDGs.

Methodology

In line with the terms of reference, the evaluation assessed the project on relevance, effectiveness, efficiency, sustainability, and mainstreaming of UN cross-cutting issues criteria.

The evaluation followed a theory-driven, use-focused approach using mixed methods and inclusive participatory consultation processes, using:

  1. UNEG Norms and standards.
  2. UNCTAD's Evaluation Policy.
  3. OECD-DAC evaluation guidelines.

The evaluation used a mixture of primary and secondary sources of data. The primary data sources included stakeholder consultations with 20 key informants and analysis of post-workshop survey questionnaires. Secondary data sources included all key documents made available by UNCTAD and its stakeholders.