GEF climate change programs are innovative and unique because they reflect integrated strategies to remove barriers and reduce costs for a broad range of applications and markets for energy efficiency and renewable energy technologies. After eight years of operation, GEF has amassed a project portfolio of 72 such projects in 45 countries, for which it has provided more than US$700 million. So far, performance indicators have been specified, and a few evaluations have occurred only for individual projects. Most projects do a reasonable job of specifying project-specific performance indicators during the project design and approval process. But these indicators tend to measure discrete project activities or their direct outputs rather than outcomes and the attainment of broader objectives.