This interim evaluation reviews progress of the Green Climate Fund?financed project “Transforming the Indus Basin with Climate Resilient Agriculture and Water Management,” executed by FAO with co-financing from the Governments of Punjab and Sindh. Covering March 2020?December 2024, and led by the FAO Office of Evaluation, it assesses performance against GCF criteria, validates the project’s theory of change, and captures stakeholder feedback.