The evaluation was led by Stephen Hutton (senior evaluation officer) and Heinz P. Rudolph (senior evaluation officer), under the guidance of Marialisa Motta (manager) and Carmen Nonay (director, Finance, Private Sector, Infrastructure, and Sustainable Development) and under the overall guidance of Oscar Calvo-Gonzalez and Lily Chu (acting Director-General, Evaluation). The core evaluation team consisted of Ridwan Bello, Anna Mortara, João Leal, Jorge Sabat, Julia de Mesquita, and Tao Tao. Case study authors include Samjhana Thapa (Ghana, Honduras), Kaler Hurcan (Nepal, Türkiye), John Pollner (Colombia), and Pablo Correa (Rwanda). The structured literature review was written by Pablo Correa. Local support and expertise were provided by Maclean Oyeh (Ghana), Milton Barahona (Honduras), and Burcin Pamuksuz (Türkiye). Bernie Sheahan provided technical advice and institutional knowledge. Estelle Rosine Raimondo (senior evaluation officer) and Ariya Hagh (extended-term consultant) provided methodological contributions and guidance. Romayne Pereira and Emelda Cudilla provided administrative support. The report was peer-reviewed by Shilpa Patel (senior adviser at the ClimateWorks Foundation and former principal adviser to the Finance Center at the World Resources Institute), Sanjay Patnaik (director of the Center on Regulation and Markets, the Bernard L. Schwartz Chair in Economic Policy Development, and a fellow in Economic Studies at Brookings), and Barbara Buchner (global managing director of the Climate Policy Initiative). The Independent Evaluation Group evaluation team and management thank all World Bank Group staff and management and the government representatives who provided valuable input to this report.