This report highlights the accomplishments and the results of the first phase of the Knowledge for Change Program (KCP), and looks at the future directions of the second phase of the KCP. Of the 101 KCP-funded projects completed in this first phase, 45 were related to the core themes of Poverty and Basic Service Delivery. An additional 46 projects were completed on topics related to Growth, Investment Climate, Trade, and Integration. Under the third window on Global Public Goods, which was introduced in 2006, 10 projects were completed in the first phase of the KCP. Some of the KCP projects that had major impacts on the development debate and development policies are described.